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They are cautious consumer spending represents 70pc of US GDP but with nearly 1 in 10 unemployed workers.

However, growth in gross domestic product between July and September is not smart enough far at the rate of unemployment or to change the perceptions of the monetary easing of the Federal Reserve next week.

While the u.s. commerce Department reported consumption expenditure increased by 2 6pc - 2 2pc in the previous quarter - up and business investment continued to grow, much of the increase in demand has been greeted with - 17pc - imports and domestic goods continued to accumulate in warehouses, suggesting a tepid growth in the fourth quarter.

Consumers are cautious consumer spending accounts for 70pc of US GDP but with nearly 1 in 10 unemployed workers.

In the third quarter - registration as a percentage of disposable personal income - personal saving rate was 5 5pc, compared to 5 9pc in the second.

Today's GDP figure is on the second quarter when more world wide economy grew at an annual rate of 1. 7pc, but the first when it is developed by 3. 7pc.

"The economy is recovering, but recovering at a sluggish pace, and this will certainly contribute to the fed in its deliberations Tuesday, said Hugh Johnson, Hugh Johnson Advisors in Albany, New York Chief Investment Officer."

GDP report showed preferred as the Fed, personal consumption expenditures (PCE) index excluding food and energy, inflation has increased at an annual rate of 0 8pc in the third quarter.

This is the smallest increase since the fourth quarter of 2008 and well below the Fed inflation .the comfort zone' index increased by 1 in the second quarter percentage point.

Analysts expect the fed to announce bond purchases of approximately $ $ per month on Wednesday.

Estimate the growth is subject to revision.

Residential construction has also been a drag on growth during the third quarter, reflecting the end of a tax credit for public acheteurs.Dépenses made a modest contribution to investment by the State and local governments, growth fell in the third quarter after the rise in the prior period.

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