The Market Oracle logo The Market Oracle 1 month ago

U.S. Third Quarter GDP Too Good to Be True?

This past Thursday, the Bureau of Economic Analysis (BEA) reported 3rd Quarter GDP at up 3.5%, surprising the already ebullient consensus. Full Article at The Market Oracle

Related Topics:

  1. Dow Jones
  2. Commerce Department
  3. Wall Street Journal

Related Articles

  1. The Business Insider logo
    Don't Be Snookered By That +3.5% GDP Report
    1 month ago

    It was better than -6%, yes. But it certainly wasn't as good as it looked. A misguided Cash-for-Clunkers added a one-time contribution of 1.66 percentage points to GDP. Auto sales have since collapsed so all the program did is move some demand forward. Full Article at The Business Insider

  2. Third Quarter Real GDP
    1 month ago

    The front page of today’s Wall Street Journal features a useful breakdown of the third quarter real GDP statistics. Full Article at Bob McTeer's Blog

  3. Channel News Asia logo
    US economy grew 3.5% in third quarter
    1 month ago

    WASHINGTON: The US economy exited severe recession in the third quarter, posting the strongest growth in two years as government stimulus boosted consumer spending, government data showed on Thursday. Full Article at Channel News Asia

  4. FinFacts logo
    US GDP grew at 3.5% annualized rate in Q3 2009 after 0.7% dip in Q2
    1 month ago

    US real GDP (gross domestic product) -- the output of goods and services produced by labour and property located in the United States -- increased at an annual rate of 3.5 percent in the third quarter (Q3) of 2009, (that is, from the second quarter to... Full Article at FinFacts

Related Quotes

  1. The big-picture perspective is that things have improved
    SOURCE: Huffington Post 1 month ago
  2. A decent quarter, thanks in part to stimulus; expect much weaker Q4 (fourth quarter)
    SOURCE: Channel News Asia 1 month ago
  3. There is no way this act can fully offset the pain that this recession has caused American families, particularly on the job market side, but it is helping
    – Jared Bernstein SOURCE: Salt Lake Tribune 1 month ago
  4. After four consecutive quarters of decline, positive GDP growth is an encouraging sign that the US economy is moving in the right direction
    – Christina Romer SOURCE: Channel News Asia 1 month ago
View all Related Quotes »
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