U.S. GDP and consumer confidence

Mixed Data, Muted Market Changes

November 25, 2014

U.S. GDP growth in the third quarter was revised unexpectedly higher by almost a half percentage point to 3.9%.  The 2-quarter rise between 1Q and 3Q was the strongest in more than ten years.  The core PCE deflator inflation rate of 1.5% remains a half percentage point below target.  Growth was led by private domestic […] More