USA : Q3 GDP growth down sharply -
alanis - 31-10-2021
https://www.aljazeera.com/economy/2021/10/28/us-gdp-growth-slows-sharply-in-q3-as-consumers-downshift-spending
US gross domestic product (GDP) which measures the value of goods and services produced by the economy, grew 2 percent in the third quarter from the same period a year ago, the US Department of Commerce said on Thursday.
"Overall, this is a big disappointment given that the consensus expectation at the start of the quarter in July was for a 7.0% gain and even our own bearish 3.5% forecast proved to be too optimistic,” said Capital Economics chief US economist Paul Ashworth in a note to clients.
RE: USA : Q3 GDP growth down sharply -
cityhantam - 01-11-2021
https://www.cnbc.com/2021/10/28/us-gross-domestic-product-increases-at-2point0percent-annualized-pace-in-q3-vs-2point8percent-estimate.html
Economic growth rate slows to 2% on a sharp slowdown in consumer spending
RE: USA : Q3 GDP growth down sharply -
cityhantam - 31-01-2022
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RE: USA : Q3 GDP growth down sharply -
[[ForeverAlone]] - 31-01-2022
(31-10-2021, 11:50 PM)alanis Wrote: https://www.aljazeera.com/economy/2021/10/28/us-gdp-growth-slows-sharply-in-q3-as-consumers-downshift-spending
US gross domestic product (GDP) which measures the value of goods and services produced by the economy, grew 2 percent in the third quarter from the same period a year ago, the US Department of Commerce said on Thursday.
"Overall, this is a big disappointment given that the consensus expectation at the start of the quarter in July was for a 7.0% gain and even our own bearish 3.5% forecast proved to be too optimistic,” said Capital Economics chief US economist Paul Ashworth in a note to clients.
Obviously , so do China, Two Biggest " boss for SG " and our Gov can claim " GDP good ?