Last week, we learned that in the third quarter of 2023, real GDP grew at a 4.9 percent annual rate. Meanwhile, total personal consumption expenditures (PCE) inflation was 0.4% in September, increasing 3.4 percent over the past twelve months. Core PCE inflation, which excludes volatile food and energy prices, was 0.3 percent in September and…
![White House News: As the U.S. Consumer Goes, So Goes the U.S. Economy | CEA - The White House](https://www.robinspost.com/newslogos/sources/en/english-google-news-overlay.php?src=https://www.whitehouse.gov/wp-content/uploads/2023/10/pic-1.png?w=640&cat=whitehouse.gov&nsrc=www.whitehouse.gov&file.jpg)
Source:www.whitehouse.gov
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![White House News: As the U.S. Consumer Goes, So Goes the U.S. Economy | CEA - The White House](https://www.robinspost.com/newslogos/sources/en/english-google-news-overlay.php?src=https://www.whitehouse.gov/wp-content/uploads/2023/10/pic-1.png?w=640&cat=whitehouse.gov&nsrc=www.whitehouse.gov&file.jpg)
Source:www.whitehouse.gov
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