Post by RockerGuy on Oct 29, 2020 20:50:58 GMT -5
Welcome to Trump's America!!
4 more years!!!
www.entrepreneur.com/article/358731
4 more years!!!
After the coronavirus pandemic's toll drove a record plunge in economic output in the second quarter, the U.S.'s summer recovery fueled the largest-ever jump in gross domestic product.
U.S. gross domestic product grew at an annualized rate of 33.1 percent in the third quarter, the Commerce Department said on Thursday. The reading is the largest output gain on record, in data going back to the 1940s. It's roughly double the next-biggest jump, in 1950. Economists surveyed by Bloomberg had expected a 32 percent gain.
U.S. gross domestic product grew at an annualized rate of 33.1 percent in the third quarter, the Commerce Department said on Thursday. The reading is the largest output gain on record, in data going back to the 1940s. It's roughly double the next-biggest jump, in 1950. Economists surveyed by Bloomberg had expected a 32 percent gain.