By Walter Grand in Economy —

U.S. GDP rose 2.6% in Q3, compared to the forecast of 2.4%

U.S. GDP rose 2.6% in Q3, compared to the forecast of 2.4%
Photo by John Cameron / Unsplash

But all is not well: New orders for durable goods fell 0.5% y/y, the worst performance since 2020. Capital investment was also down 0.5%.

GDP was pulled by foreign trade. Earlier, the U.S. Department of Energy said that U.S. energy imports reached a new record.