Economy expanded to 33.4% in the third quarter, revised from 33.1%

The US economy experienced a record rebound in growth rate (annualized) in the third quarter as it expanded to 33.4%, higher than the previous estimate of 33.1%, which was expected to be repeated.

He data did not generate any surprise, since it is the third estimate and it did not deviate significantly from what was previously reported. In other words, there were no high-impact reviews. The rebound in the economy reflects the reopening of the economy.

The real growth rate increased 25.8% in the third quarter after having contracted 32.6% in the second quarter. Personal consumption rose 41% (against 40.6% previously reported). The GDP price index was 3.7%, higher than the 3.6% of the second reading.

He dollar it was not affected by the economic figures. Wall Street futures point to an open with modest gains in the major indices.

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