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3Q GDP rev down to +3.2% SAAR vs an +3.3%...>

US DATA
US DATA: 3Q GDP rev down to +3.2% SAAR vs an expected unrevised +3.3% 
on a downward adjustment to PCE, as well as inventory investment.
- Upward revisions to government spending and residential investment 
provided some offset. 
- GDI rev down to +2.0% vs +2.5% prev, putting the GDP/GDI average at 
+2.6% vs +2.9% prev, both slower than 2Q and at odds with the small 
acceleration in GDP. 
- The price measures were generally unrevised. The GDP price index still
+2.1%, but the closely watched core PCE rev down to +1.3% vs prev +1.4%.
The y/y rate still +1.4%, down from +1.5% in 2Q. 
- Real final sales were revised down to +2.4% vs +2.5% in second 
estimate, now even further below the +2.9% in 2Q. 
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