US Q3 advance GDP preview – Goldman Sachs

Dhwani Mehta FXStreet

The Research Team at Goldman Sachs publishes its preview on the US Q3 advance GDP numbers, which is due to be reported at 1230GMT.

Key Quotes:

“Our final Q3 GDP tracking estimate stands at +2.9%”

“Roughly in line with the consensus of forecasts that were updated after the September trade report”

“We look for a strong boost from net exports, solid consumer spending, a small contribution from capital expenditures, and another drag from inventories”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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