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Adjustments to 3Q 2016 GDP Include Increased Consumer Spending

Wednesday, November 30, 2016 15:17
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(Before It's News)

by Rick Davis, Consumer Metrics Institute

BEA Estimates 3rd Quarter 2016 GDP Growth to be 3.15%:

In their second estimate of the US GDP for the third quarter of 2016, the Bureau of Economic Analysis (BEA) reported that the growth rate was +3.15%, up +0.24% from their previous estimate and up +1.73% from the prior quarter.

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