U.S. Economy Defied Gravity in Q3 with 4.9% GDP Gain

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<p>Third quarter U.S. GDP remained exceptionally strong, accelerating to an annualized rate of 4.9%. That was also the fifth consecutive increase since Q2/22 and largest since Q4/21. A jump in the volatile inventory component accounted for about a quarter of the overall GDP gain. And residential investment surprised to the upside in Q3 (+3.9%), posting [&#8230;]</p>
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