A recent report from the Ministry of Trade showed that the real GDP growth in the USA is 2.8% for the three months from July to September. This indicator measures the volume of all produced goods and services and is adjusted for inflation and seasonal factors.
According to this report, the American economic development has been maintained, despite increased interest rates and long-term risks of inflation. However, the US economy demonstrated strong indicators in the third quarter, although they turned out to be below expectations, due to growth rates. This was enabled by strong consumer demand, which turned out to be below forecasts.
Economists surveyed by Dow Jones predicted a growth of 3.1%, while the economy for the second quarter showed growth rates of 3%.
