December Monthly Commentary


U.S. GDP Continues to Shine

The most recent U.S. GDP report revealed the domestic economy expanded at a 3.3% seasonally adjusted rate in the third quarter. This is the fastest pace in three years and it appears there is good momentum going into Q4. If Q4 growth exceeds 3% (which it currently is expected to do) it will be the first time we’ve had three consecutive quarters of growth above 3% in more than 10 years.

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