Q3 GDP Revised up to 3.3%

This morning, the government revised its estimate for Q3 GDP up to 3.3% from the initial estimate of 3.0%. Q2 grew by 3.1% so we’ve now had back-to-back quarters of more than 3% growth.

Can we make it three in a row? Maybe. The Atlanta Fed’s forecast for Q4 is now at 3.4%. We won’t see the government’s first report on Q4 until late January.

Posted by on November 29th, 2017 at 10:06 am

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