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marketwatch.com - 26 days ago

U.S. 3Q GDP increases 3.5%, most in two years

— marketwatch.com — WASHINGTON (MarketWatch) - The U.S. economy expanded at a 3.5% annual pace in the third quarter, as massive government stimulus dragged the economy out of the longest and deepest recession since the 1930s, the Commerce Department estimated Thursday. ... (more) U.S. 3Q GDP increases 3.5%, most in two years

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ritholtz.com - 26 days ago

Big GDP Number: 3.5%

— ritholtz.com — More to follow shortly . . . (more) Big GDP Number: 3.5%

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bonddad.blogspot.com - 26 days ago

GDP Up 3.5%

— bonddad.blogspot.com — The long awaited report is out. I'm going to spend the rest of today (and probably some time tomorrow) on this. The GDP report provides a ton of incredibly useful information about the economy and what is going on. Let's start with the basics: The increase in real GDP in the third quarter ... (more) GDP Up 3.5%

Gross Domestic Product

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Blog Reactions

Calculated Risk:  Weekly Summary

The Powell Perspective:  Stimulus, Growth and Recovery: The Debate Continues

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US GDP rises 3.5% as stimulus kicks in ( http://bit.ly/4vqCyR ) 26 days ago

US GDP rises 3.5% as stimulus kicks in: ... the rise in real gross domestic product means the Great Recession i.. http://bit.ly/1mgj1X 26 days ago

U.S. GDP rises 3.5%.....Gains in consumer spending, inventories, housing drive growth.. http://bit.ly/4w9aPD 26 days ago

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Weekly Summary
Calculated Risk — ... rate hit 10% in October? Here is a summary of data released in October and the updated Unofficial Problem Bank List. October Economic Summary in Graphs Unofficial Problem Bank List Grows to 500 A guest post from albert: On a New York bankruptcy case in the news: In re Olga: of Bankruptcy and Foreclosure **************************** On the GDP report: From Rex Nutting at MarketWatch: U.S. GDP rises 3.5% as stimulus kicks in From Paul Krugman: What recovery should ...

Stimulus, Growth and Recovery: The Debate Continues
The Powell Perspective — ... , GDP is up for a number of reasons.  Look closely at the report.  Exports rose 14 percent over last quarter and consumer spending rose 3.4 percent.  Market Watch reported that positive numbers where in part due to stimulus spending, but as I argued in the past, these gains are only temporary.  The purpose of the stimulus is to stabilize the economy so that private markets can function again.  There is no wider conspiracy.  The government will roll back stimulus as soon as it sees the return of private investment.  There is evidence of this already: government spending actually ...