U.S. Economy’s Summer Surge May Not Last
https://www.wsj.com/economy/central-banking/us-gdp-economy-third-quarter-f247fa45
Gross domestic product grew at a 4.9% annual rate in the third quarter, much stronger than economists were anticipating just a few months ago. But there are warning signs underlying the eye-popping numbers
https://www.wsj.com/economy/central-banking/us-gdp-economy-third-quarter-f247fa45
Gross domestic product grew at a 4.9% annual rate in the third quarter, much stronger than economists were anticipating just a few months ago. But there are warning signs underlying the eye-popping numbers
Why No Recession Yet? Thank the US Consumer
The question isn’t whether Americans will eventually cut back on their spending, but whether they’ll cause a recession when they do.
Consumers keep driving the economy even as business investment lags.
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