The 3Q26 real GDP annualized pace was reported at 3.4%, which by itself is a very good level. But imports slashed 2.4-3.3% off this value.
If this had been all domestically produced equipment and imports, then the annualized real GDP pace would have posted a 5.8-6.7% range.
What is occurring in the US is explosive growth that has shown up finally in these reports. This report is annualized and not the actual real GDP that will not be reported for 2026 till spring of 2027.
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Detailing US Real GDP adjusted for imports. Imports are a subtraction from GDP calculations. The 3Q26 real GDP annualized pace was reported at 3.4%, which by itself is a very good level. But imports slashed 2.4-3.3% off this value. If this had been