US business investment in second quarter stronger than initially thought
Closely watched spending measure revised higher in GDP data as Fed weighs next move
Related reading
UK economic growth slows in second quarter
Expansion of 0.3% marks a sharp slowdown from 0.7% in first three months of the year
US economy grew at 4.3% rate in third quarter
Figure surpasses expectations after growth boosted by consumer spending
US economy grows at 2% pace in first quarter as AI boom fuels investment
Rush by businesses to purchase tech equipment offsets deceleration in consumer spending
US GDP: still ultimately about the consumer
Plus central bank hold ’em
US private sector employers added 42,000 jobs in October
Figures come a week after Federal Reserve cut interest rates
US economic outlook obscured by shutdown-triggered data gap
The statistical blind spot could affect everything from interest rate cuts to investment decisions