Joe Fieldus

2600sc

The Great Comeback .. 3rd Quarter GDP Surges

U.S. GDP booms at 33.1% rate in Q3, better than expected

PUBLISHED THU, OCT 29 2020
KEY POINTS
  • U.S. GDP accelerated at a 33.1% annualized pace in the third quarter.
  • That was better than the 32% estimate from a Dow Jones economist survey.
  • A surge in business and residential investment along with stronger consumer activity helped the economy..

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