Third-Quarter Economic Numbers Are In--And They’re Not What Analysts Expected
Zach Noble, Nov. 25, 2014, The Blaze
In the third quarter of 2014, the U.S. economy grew at an annualized rate of 3.9 percent, according to revised figures in a Bureau of Economic Analysis report released Tuesday morning.
As Business Insider noted, the initial estimate of third-quarter GDP growth was 3.5 percent, and analysts expected the revision to actually bring that figure down to 3.3 percent.
Instead, it jumped up dramatically — but the forces driving that jump were mixed.
Read more: www.theblaze.com
Zach Noble, Nov. 25, 2014, The Blaze
In the third quarter of 2014, the U.S. economy grew at an annualized rate of 3.9 percent, according to revised figures in a Bureau of Economic Analysis report released Tuesday morning.
As Business Insider noted, the initial estimate of third-quarter GDP growth was 3.5 percent, and analysts expected the revision to actually bring that figure down to 3.3 percent.
Instead, it jumped up dramatically — but the forces driving that jump were mixed.
Read more: www.theblaze.com
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