US Jobless Claims Hold Steady, 3Q GDP Expands at 4.4%
Market Intelligence Analysis
AI-PoweredUS jobless claims remained steady at 200,000, while 3Q GDP growth was revised to 4.4%, the fastest in two years, indicating a strong economy.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Applications for US unemployment benefits steadied at low levels as initial claims increased by 1,000 to 200,000 in the week ended Jan. 17. The US economy expanded by slightly more than initially reported in the third quarter, as inflation-adjusted gross domestic product, increased at a revised 4.4% annualized rate, the fastest in two years. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
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