- U.S. GDP likely to print 2.0% for Q3 – TDS
Market news
30 October 2019
U.S. GDP likely to print 2.0% for Q3 – TDS
Analysts at TD Securities are expecting the U.S. GDP growth to have maintained second-quarter pace, printing 2.0% QoQ saar for Q3 (market: 1.6%).
- “Reflecting ongoing uncertainty, we expect nonresidential fixed investment to have declined during the quarter, and private consumption to have slowed down following Q2's strong 4.7% print. Inventories and net exports likely reduced GDP growth again in Q3.”
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