Open Demo Account
Home / Breaking News / US Economic Activity Rebounds Sharply in Q3

US Economic Activity Rebounds Sharply in Q3

Adel 29 October, 2020 5:56 pm Breaking News, Market Update

The United States’ Real Gross Domestic Product (GDP) expanded at an annual rate of 33.1% in the third quarter, the US Bureau of Economic Analysis’ advance estimate showed on Thursday. This reading came in better than the market expectation of +31% and followed the 31.4% contraction recorded in the second quarter.

Tags

Check Also

Yen Soars as Powell’s Remarks Spur Rate Cut Bets

The Japanese yen advanced sharply against the US dollar on Friday, as Federal Reserve Chair …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends