GDP grows at 2.6%, better than expected

[SaysWho?]

U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive

WWW.CNBC.COM

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Gross domestic product was expected to grow at a 2.3% annualized pace in the third quarter, according to Dow Jones.

 

[TUFKAK]

This economy is so damn weird 

[Brian]

Yet the media keeps pushing the recession message right before election.  

[Jason]

1 hour ago, Brian said:

Yet the media keeps pushing the recession message right before election.  

 

 

[stepee]

By all accounts we should be in a bad recession but have somehow starved it off so far and it’s driving the media nuts because they have been saying it’s coming any day now for two years. Eventually they will probably be right but it’s not much of a prediction if you just say it non stop until it finally does just happen.

 

I also don’t think constant media fear mongering over the economy helps with customer spending behavior. 

[rc0101]

4 hours ago, stepee said:

By all accounts we should be in a recession but have somehow starved it off so far and it’s driving the media nuts because they have been saying it’s coming any day now for two years. Eventually they will probably be right but it’s not much of a prediction if you just say it non stop until it finally does just happen.

 

I also don’t think constant media fear mongering over the economy helps with customer spending behavior. 

I’ve been hearing economists at every conference say that recession is around the corner for the last 7 years. When it happens they will all tout how they “called it” and write a book and or start a pod cast on how smart they are. 

[jinx8402]

1 hour ago, rc0101 said:

I’ve been hearing economists at every conference say that recession is around the corner for the last 7 years. When it happens they will all tout how they “called it” and write a book and or start a pod cast on how smart they are. 

Reminds me of Max Kellerman saying Tom Brady was going to drop off for 10 years straight. He might finally be right!

[Guest]

6 hours ago, stepee said:

By all accounts we should be in a recession but have somehow starved it off so far

We already had a recession the previous two quarters  

[Nokra]

@stepee Also I think you meant "staved off", not "starved off". 

 

 

[stepee]

1 hour ago, sblfilms said:

We already had a recession the previous two quarters  

 

ehhh it depends who you ask!

 

edit: added the word “bad” to satisfy the semantics police 

[stepee]

21 minutes ago, Nokra said:

@stepee Also I think you meant "staved off", not "starved off". 

 

 

 

While this was a typo it actually kinda works?

[Joe]

Nip it in the butt, bud.