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To: Joe NYC who wrote (73110)	12/23/2025 9:31:11 PM
From: neolib	Read Replies (2) \| Respond to of 73147

From Calculatedrisk: I'm trying to figure out if this means the economy is stalled? Price index for gross domestic purchases is +3.4% and PCE is up 3.5% while investment has decreased (which is a + for GDP IIRC). It will take awhile to figure out what the new normal means with the Trump wreaking ball wacking commerce. calculatedriskblog.com Compared to the second quarter, the acceleration in real GDP in the third quarter reflected a smaller decrease in investment, an acceleration in consumer spending, and upturns in exports and government spending. Imports decreased less in the third quarter. Real final sales to private domestic purchasers, the sum of consumer spending and gross private fixed investment, increased 3.0 percent in the third quarter, compared with an increase of 2.9 percent in the second quarter. The price index for gross domestic purchases increased 3.4 percent in the third quarter, compared with an increase of 2.0 percent in the second quarter. The personal consumption expenditures (PCE) price index increased 2.8 percent, compared with an increase of 2.1 percent. Excluding food and energy prices, the PCE price index increased 2.9 percent, compared with an increase of 2.6 percent. emphasis added PCE increased at a 3.5% annual rate, and residential investment decreased at a 5.1% rate. The initial Q3 GDP report, with 4.3% annualized increase, was above expectations