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Q3 GDP: Growth forecast to top 3% -- if trade doesn't get in the way

By MarketWatch   |   Oct 30, 2024 at 03:05 AM EST
Q3 GDP: Growth forecast to top 3%  --  if trade doesn't get in the way

The U.S. economy was expected to grow over 3% in the third quarter, but a surge in the trade deficit could lower it by up to 0.5%. Consumer spending is a key factor for economic growth, with an expected increase of 3.7%.

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