- Q3 advance GDP grew 3.4% quarter over quarter.
- Consensus forecast was 3.2%.
- Prior quarter growth was 2.2%.
US advance Q3 GDP grew 3.4% quarter over quarter, beating the 3.2% consensus and accelerating from 2.2% in Q2. The upside surprise points to resilient demand and supports the case for a firm growth backdrop into year-end.
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