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Q3 GDP: 1.5%

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Stagnation.


Recovery Summer VI went just as well as Recovery Summers I-V. According to the advance estimate of economic growth in the third quarter, the Bureau of Economic Analysis puts annualized GDP growth at 1.5%. That makes the 3.9% of Q2 look more like an outlier than Q1’s 0.6%: Real gross domestic product — the value […]

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