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In reply to the discussion: U.S. economy grew by a record 7.4 percent from July to September, but the data is complicated [View all]Roc2020
(1,615 posts)39. yikes!
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U.S. economy grew by a record 7.4 percent from July to September, but the data is complicated [View all]
mahatmakanejeeves
Oct 2020
OP
Good morning. Thank you for that. I'm now back on the WaPo subscriber list.
mahatmakanejeeves
Oct 2020
#5
GDP is an almost worthless method of measuring the economic health of the country
lonely bird
Oct 2020
#4
From July to September. In July most of the country was shut down. That's like saying....
George II
Oct 2020
#12
Yeah, I know. Back in engineering school different professors had different ways of presenting it..
George II
Oct 2020
#21
I've been retired almost 10 years, had to look up "mark up" vs. "gross margin". No problem....
George II
Oct 2020
#24
Not at all unexpected by economists, and the release date has long been scheduled
progree
Oct 2020
#23
And thanks for the thread and keeping everyone straight that the econ didn't grow 33.1% in Q3
progree
Oct 2020
#30
I had that BEA site bookmarked for days. I've made the annualized rate mistake myself,
mahatmakanejeeves
Oct 2020
#33