US Q3 GDP Preview: Economists Expect Strong Growth Driven By Consumer Spending, Services Expansion

Written byAInvest Visual
Wednesday, Oct 30, 2024 5:29 am ET1min read

On Wednesday, the U.S. Bureau of Economic Analysis will release its advance estimate for third-quarter GDP growth.Analysts and economists are predicting a strong performance, with consensus estimates set at 3% growth quarter-over-quarter annualized, reflecting resilient consumer spending and robust activity in the services sector.

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