US Economic Update – US GDP Q3 2015

U.S. GDP growth slowed in the September quarter to a rate of 0.4% qoq (1.5% annualised).

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  • U.S. GDP growth slowed in the September quarter to a rate of 0.4% qoq (1.5% annualised).
  • The details were more positive and there appears to be still solid underlying momentum in the economy.
  • We have lowered our forecast slightly for 2015 – to 2.4% from 2.5%.

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