Stripped of the inventory and net export components, the 3rd quarter preliminary GDP report shows the US economy growing at around 2%, the average of the past four quarters.

The trade and inventory components showed their biggest contribution to GDP since 2014. Consumption expenditures fell and investment grew modestly. In a nutshell, there is no observable Trump effect yet.

1. consumption and investment

2. contributions to gdp

3. invetory and trade contributions