Third-quarter GDP revised down slightly to 3.2% rate

• December 21, 2017
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance

The U.S. economy’s pace of growth in the third quarter was lowered slightly to a 3.2% annual rate from 3.3% under the government’s final revision to gross domestic product. Economists were expecting GDP to be unrevised. The economy expanded at a 3.1% rate in the second quarter.