Real GDP expanded by 2.6% quarter-over-quarter (annualized) in the third quarter of 2022. The reading came in a touch above the consensus forecast, which called for a gain of 2.3% q/q. Consumer spending grew by 1.4% – a deceleration from the 2.0% recorded in Q2. Spending on services (2.8%) accounted for all of the gain, […]
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