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AmiSight 11/3: Did the GDP Grow by 2.6% in Q3

  • Writer: Ami Kassar
    Ami Kassar
  • Nov 3, 2022
  • 1 min read

Last week, the government announced that the GDP rose by 2.6% in Q3. Seem suspicious? My friend @gregcrabtree tweeted, “I question the accuracy of the GDP Q3 number of 2.6%. It is very hard to measure output in a service-based economy. With continued rising wages and price increases to cover these costs, I think their GDP growth number is overstated. My estimate is flat.”

 
 
 

1 kommentar


Tim Tolan
Tim Tolan
03 nov. 2022

I am super suspicious of any number or metric from the US Government related to our economic climate weeks (or days) ahead of an election cycle. Just ‘sayin…

Gilla

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