Stunning recovery in the US third quarter GDP
About the author:
- Author name:
- By Michael Knox
- Job title:
- Chief Economist and Director of Strategy
- Date posted:
- 20 August 2020, 11:45 AM
The sharp fall in initial jobless claims, record high retail sales and the stunningly high nowcast of US third quarter GDP all suggest that this crisis was a natural disaster not a recession.
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