US Real GDP Growth Slows Slightly in the 3Q24; Indicates Resilience

The U.S. economy grew 2.8% YoY in the 3Q24. The growth proved slightly below the 3.0% consensus forecast (according to Trading Economics) and the 3.0% rate from the 2Q24. The reading from the Bureau of Economic Analysis (BEA) reflects higher consumer spending, exports, and government spending.