It is the biggest expansion ever, the US economy expanded by an annualized 33.1% in Q3 2020

US GDP Grows at Record 33.1% in Q3

The US economy expanded by an annualized 33.1% in Q3 2020, beating forecasts of a 31% surge. It is the biggest expansion ever, following a record 31.4% plunge in Q2, as the economy rebounds from the coronavirus pandemic. Personal spending surged and was the main driver of growth, helped by checks an more

2020-10-29

Source: https://tradingeconomics.com/united-states/gdp-growth

 

Leave a Reply