US GDP: Q3 Growth Stronger, Economy Finally Enters Expansion
by Ed Dolan
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The advance estimate for US Q3 GDP shows 2.5 percent real growth, the best this year. The economy has finally passed its previous peak output (Q4 2007), so the recovery phase of the business cycle is ...
The advance estimate for US Q3 GDP shows 2.5 percent real growth, the best this year. The economy has finally passed its previous peak output (Q4 2007), so the recovery phase of the business cycle is over an the economy has entered the expansion phase
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