US Economic Update: 2016 Q3 GDP
US GDP growth accelerated in the September quarter to its fastest pace in two years.
Key Points:
- US GDP growth accelerated in the September quarter to its fastest pace in two years.
- However, the details were not as positive.
- Overall, the September quarter GDP outcome suggests that the US economy remains solid, with GDP growing at a moderate pace.
For further details please see the attached document:
About the Author
Tony joined NAB early in 2011 from the Victorian Treasury where he worked for 12 years on a range of issues, including state budget strategy and forecasting state taxation revenues.
Before this, Tony was in the Commonwealth Treasury for a decade, where he undertook work on macroeconomic forecasting, microeconomic reform and debt management.
Tony grew up in Canberra and graduated (with first class honours) from the Australian National University. He also holds a Masters degree in Applied Finance from Macquarie University.
