- It reported that the U.S. Q3 preliminary GDP grew 4.3% from the previous quarter.
- It said that the figure exceeds market expectations (3.3%).
- It said the finalized Q3 GDP figure will be released on January 22 next year.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
The U.S. preliminary gross domestic product (GDP) for Q3 this year was shown to have grown 4.3% from the previous quarter. This exceeds market expectations (3.3%).
According to the U.S. Bureau of Economic Analysis under the U.S. Department of Commerce on the 23rd (local time), the U.S. Q3 GDP growth rate recorded a 4.3% increase from the previous quarter. The figure released this time is a preliminary estimate in the nature of an initial tally presented for the first time since the usual advance and provisional releases were postponed.
Originally, the Q3 GDP advance estimate was scheduled to be released on October 30 and the provisional estimate on the 26th of last month, but neither was released due to the federal government shutdown (temporary suspension of operations). This release, reflecting Q3 GDP for the first time, effectively corresponds to the first official tally.
Meanwhile, according to the U.S. Department of Commerce schedule, the updated figure corresponding to the finalized Q3 GDP will be released on January 22 next year. The schedule for announcing the Q4 GDP growth rate will be readjusted later.
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