The GDP increase was higher than predicted but you wouldn’t know it from the Times. https://t.co/FsVb7z9a3p
— Harris Levy (@HarrisL585) October 27, 2022
more positive comments on the GDP increase:
U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positive https://t.co/UnMkNVD6hn
— CNBC (@CNBC) October 27, 2022
A nice GDP report: The headline is 2.6% with consumers remaining strong (+1.4%).
— Jason Furman (@jasonfurman) October 27, 2022
But it also shows moderation in key respects that should reduce some overheating, specifically nominal GDP growth slowed to 6.7% and the Fed is successfully cooling investment, especially housing. pic.twitter.com/a1PlBAmcjv
Here is today's Real GDP number against the CBO prepandemic projections from January 2020.
— Mike Konczal (@rortybomb) October 27, 2022
I still believe this recovery to trend is a remarkable achievement that is worth defending. pic.twitter.com/GWWxk1isRd
Sad! 