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Soybean Exports Were Responsible For One-Third Of American Growth In Q3

Friday, October 28, 2016 11:11
% of readers think this story is Fact. Add your two cents. / by Tyler Durden / Oct 28, 2016 11:19 AM

As we highlighted earlier, while inventories and exports were significant contributors to today’s 2.9% GDP print, adding 0.61% and 1.17% to the bottom line respectively, or more than half of the total 2.9% number…

….the core component of US economic growth, personal consumption which is traditionally responsible for ~70% of GDP, was a notable disappointment, predictably sliding by half from its Q2 outlier print.


The post Soybean Exports Were Responsible For One-Third Of American Growth In Q3 appeared first on Silver For The People.


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