US Q3 GDP Revised Higher, While Corporate Profits Sharply Accelerate  

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<p>The Bureau of Economic Analysis&#8217; second estimate of Q3-2023 real GDP was revised 0.3 percentage points (pp) higher to 5.2% quarter-over-quarter (q/q, annualized). Consumer spending advanced by 3.6% – a modest downward revision from the 4.0% gain reported in the advance estimate. Healthy gains in spending were seen across both goods (+4.7%) and services (+3.0%). [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/529555-us-q3-gdp-revised-higher-while-corporate-profits-sharply-accelerate/">US Q3 GDP Revised Higher, While Corporate Profits Sharply Accelerate  </a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>