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3rd Oct 2023 20:39U.S., Daily Monitor

  • Consumption and Inventories likely were the key drivers of Q3 GDP growth; Q4 will be different.
  • If jobless claims continue to track WARN notices, they will rebound strongly in Q4.
  • The services sector is still holding up, but it is fraying at the edges, and the outlook is worsening.

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Keywords for: 5 October 2023 US Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence