US GDP Soars by a Record 33.1% in Q3, Smashing Expectations
29th October 2020
What goes down, must come up, and one quarter after US GDP collapsed by a record 31.4% annualized, moments ago the BEA reported that in Q3 the US economy rebounded by a similarly record high 33.1%, the biggest annualized increase in history.
This isn’t as amazing as it appears, because most of that growth is just a return to normalcy after the Pandemic Panic, but it’s still a Trump win.