The National on Nostr: US economy remains strong but falls below expectations ========== US GDP grew by 2.8% ...
US economy remains strong but falls below expectations
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US GDP grew by 2.8% in Q3 2024, below expectations of 3.1%; growth slowed from 3% in Q2; consumer spending rose by 3.7%; inflation declined with PCE price index increasing by 1.5%; core PCE rose by 2.2%; Federal Reserve cut interest rates by 50 basis points last month; markets expect further 25 basis points cut next week; Kamala Harris leads Trump in handling economy poll 51% to 45%; election approaching with voters prioritizing economy and cost of living.
#UsEconomy #Gdp #Inflation #FederalReserve #KamalaHarris #DonaldTrump #ConsumerSpending #InterestRates #2024Election #EconomicGrowth
https://www.thenationalnews.com/business/economy/2024/10/30/us-economy-remains-strong-but-falls-below-expectations/
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US GDP grew by 2.8% in Q3 2024, below expectations of 3.1%; growth slowed from 3% in Q2; consumer spending rose by 3.7%; inflation declined with PCE price index increasing by 1.5%; core PCE rose by 2.2%; Federal Reserve cut interest rates by 50 basis points last month; markets expect further 25 basis points cut next week; Kamala Harris leads Trump in handling economy poll 51% to 45%; election approaching with voters prioritizing economy and cost of living.
#UsEconomy #Gdp #Inflation #FederalReserve #KamalaHarris #DonaldTrump #ConsumerSpending #InterestRates #2024Election #EconomicGrowth
https://www.thenationalnews.com/business/economy/2024/10/30/us-economy-remains-strong-but-falls-below-expectations/