GDP Growth in the Third Quarter – Momentum? Definitely Maybe

blog gdp 2014_10

The Bureau of Economic Analysis (BEA) released its estimate of real GDP growth for the third quarter. Economic output expanded at a seasonally adjusted annual rate of 3.5%, down from the 4.6% rate in the second quarter, but still respectable. The slowdown is no surprise given the rapid pace in the second quarter, driven in part by a bounce back… Read More ›

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