Durables not good, as Q4 deterioration continues:
GDP for Q3 revised up to 5%. Lots of volatile bits blipped up above their trend growth at the same time, which tends to reverse the next quarter.
Defense was up 16% from Q2, exports of goods up 7.5%, durable goods up 9.2%, and gross private domestic investment up 7.2% for example, while Q3 disposable personal income growth fell to 3.3% from 3.6% in the prior Q3 release.
GDP