US Economy Did Better Than Expected in the Third Quarter, but Current GDP Estimates Crash
U.S. economic growth for the fourth quarter of 2023 has been revised upward, from 3.2 percent to 3.4 percent in the government’s third—and final—update of gross domestic product (GDP) figures, though real-time GDP estimates for the first quarter of 2024 have fallen sharply, undercutting hopes for an economic “soft landing.” The economy expanded by 3.4 […]