Economics Group: Weekly Economic & Financial Commentary
Hey U.S. Economy, Pace Yourself
- A revision to GDP figures released this week report that the U.S. economy grew at a 3.9 percent annualized rate in the third quarter.
- Early indicators of fourth quarter growth were not quite as rosy. We learned that, although consumer spending is holding up in October, personal income gains for the month were disappointing. Consumer confidence gave up some ground in the current month and core capex spending fell in October.
Follow the link below for the full report.economy