Although a 0.4% rise in quarterly gross domestic product wasn't strong enough to boost annual growth, after two quarters of 0.3% gains it shifted the needle on interest rate expectations.
Service sector gains and a return to growth for British manufacturing was always likely given the relative weakness of the pound against the currencies of the UK's main trading partners.
Few economists, however, believed the GDP data represented a turning point for the UK economy: it merely represented a legitimate opportunity for the Bank of England to act against inflation, which hit 3% in September.
Before the third-quarter GDP numbers, there were still some economists who thought the Bank's monetary policy committee (MPC) would delay any rate increase until next year.
Now, almost all see these numbers as justification for a quarter-point increase either at the MPC's December meeting, or, increasingly at next week's gathering.
The analysts say . . .
Most are now saying there's plenty of likelihood of a rate rise next week, but then another long period of inaction from the Bank as it assesses the economic reaction:
Pantheon Macroeconomics - Samuel Tombs: "In one line: Strong enough for a rate hike next week."
He continues, however: "The pickup in GDP growth in Q3 gives the MPC the green light to raise interest rates next week, but it is unlikely that a conventional tightening cycle is about to begin.
"GDP growth, however, is liable to slow again over the next couple of quarters. Real household disposable incomes still have further to fall in the near-term as retailers push through further sterling-related price rises.
"The lack of substantial progress in Brexit negotiations means that more firms will start to activate contingency plans and delay investment."
Capital Economics - Ruth Gregory: "Today’s GDP figures revealed that the economy re-gained a bit of momentum in the third quarter and have probably sealed the deal on an interest rate hike next week.
"Looking ahead, with inflation likely to fall in 2018, the worst of the real pay squeeze should soon be behind us. And sterling’s decline, along with robust global growth, should boost net trade over the coming quarters. As such, we continue to think that growth will be a reasonable (above-consensus) 2% or so in 2018."