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Third Quarter GDP: More Good Than Bad

The 2.0 percent growth figure reported for the third quarter was widely viewed as disappointing. It was slower than most analysts had expected and certainly a large falloff from the 6.7 percent rate in the second quarter, but on the whole, it should be…

The 2.0 percent growth figure reported for the third quarter was widely viewed as disappointing. It was slower than most analysts had expected and certainly a large falloff from the 6.7 percent rate in the second quarter, but on the whole, it should be viewed as a positive report. There are two key reasons for More

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This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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