The first look at third quarter 2017 US growth
- Estimates ranged from +1.8% to +3.6%
- Q2 reading was +3.1%
- Personal consumption +2.4% vs +2.1% expected
That's very strong nominal growth because of the bump in the price index. That's a screaming incentive for the Fed to hike rates in December and to keep the 'gradual' pace going
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