“The increase in real GDP in the third quarter reflected increases in consumer spending, exports, and government spending that were partly offset by a decrease in investment,” according to the BEA. Change in private inventories declined by 0.22%, a moderation from the -3.44% drop in Q2, and to be expected as the trade aberration from the trade war moderate People’s spending “grew at an annual rate of 3.5% in the third quarter, picking up from 2.5% in the previous quarter.”
Author: Mary Chastain
Published at: 2025-12-23 21:00:01
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