US Q3 Economic Growth Rate 33.1%... Same as Before

[Image source=AP Yonhap News]

[Asia Economy New York=Correspondent Baek Jong-min] The preliminary estimate of the US third-quarter economic growth rate was confirmed at 33.1% (annualized), identical to the flash estimate of 33.1%.

On the 25th (local time), the US Department of Commerce announced that the third-quarter economic growth rate was 33.1%, falling short of the market expectation of 33.2% by 0.1 percentage points.

The US economic growth rate is announced three times: as a flash estimate, a preliminary estimate, and a final estimate.