GDP up 2.5%

It seems that all though GDP estimate cuts for Q3 we saw this summer may have been a tad hasty…

From USA Today:

The Commerce Department says the economy expanded at an annual rate of 2.5% in the July-September quarter. That’s nearly double the 1.3% growth rate in the April-June quarter, and a vast improvement over the anemic 0.9% growth for the first half of the year.

Consumer spending grew at an annual rate of 2.4% — triple the rate of spring. They spent more on cars, clothing and health care, and utilities.

Notably, it’s the “strapped consumer” getting it done and not the “cash-rich corporations”.

Read Also:

Q3 GDP increased 2.5% (FT Alphaville)



What's been said:

Discussions found on the web
  1. w88 commented on Sep 21

    … [Trackback]

    […] Read More to that Topic: […]

  2. azure devops services commented on Nov 05

    … [Trackback]

    […] Find More Information here to that Topic: […]

  3. click here for service commented on Nov 27

    … [Trackback]

    […] Information on that Topic: […]

  4. bmo service en ligne commented on Dec 06

    … [Trackback]

    […] Read More on that Topic: […]

  5. Buy Percocet 10/325 Online USA commented on Dec 10

    … [Trackback]

    […] Read More here to that Topic: […]

  6. scotiabank online login commented on Dec 20

    … [Trackback]

    […] Find More Info here on that Topic: […]

  7. Epson CX4600 manuals commented on Jan 20

    … [Trackback]

    […] Find More here on that Topic: […]