GDP 3.2% vs 3.3% estimate and 3.3% 2nd revision

Personal consumption 2.2% vs 2.3% last

Gross private investment 7.3% vs 7.3% last

Exports 2.1% vs 2.2%. Imports -0.7% vs -1.1% last

Government +0.7% vs +0.4% last

Inventories were little changed at 38.5B vs $39B last

Contributions to the 3.2% gain:

Consumption 1.49% (was 1.6%).

Investment 1.19% (was 1.20%).

Net Exports +0.36% (was 0.43%).

Government +0.12% (was 0.07%).

Core PCE for the 3Q came in at 1.3% vs 1.4% estimate and 1.4% last

GDP Price index rose 2.1% vs 2.1% estimate and 2.1% last

A little wiggle here, a little wiggle there. The consumption which is 2/3 of GDP (roughly) was revised lower and that is the difference.

Inflation measures showed: