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The current time is Mon Nov 30 08:31:03 PST 2020

Utopia Talk / Politics / US q3 Growth
habebe
Member
Thu Oct 29 04:13:06
Is expected to be released today...

Let's just say Trump will lile the numbers ( huge) and Jergul can pre emptivley suck it.
jergul
large member
Thu Oct 29 07:50:10
What is your expectation of yoy (3q19-3q20) contraction?
Habebe
Member
Thu Oct 29 08:03:34
Well, Using your method of " Not cherry picking, just using the most recent data available", pretty good.

But more seriously, IDK since the stimulus didn't come through and the election could change things drastically for q4.

Regardless q3 will be an impressive bounce back up.

jergul
large member
Thu Oct 29 08:03:38
Look what I found:

"EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, Thursday, October 29, 2020"

"Current‑dollar GDP increased 38.0 percent, or $1.64 trillion, in the third quarter to a level of $21.16 trillion. In the second quarter, GDP decreased 32.8 percent, or $2.04 trillion (tables 1 and 3)"

Note how percentages work. If you lose a certain %, then you need a larger percent to regain what was lost.
Habebe
Member
Thu Oct 29 08:08:17
You act like no one knew.we had the worst drop we have evwr had, he favt is we are on the way back up at an insane rate.

Curiosity whats your.cite?
jergul
large member
Thu Oct 29 08:10:12
Wow, the numbers dont even add up. A 2 trillion stimulus pricetag to get a 1.64 trillion impact on gdp.
Habebe
Member
Thu Oct 29 08:10:41
Hows Norways economic growth going? It must be astronomical like +12%, right?
jergul
large member
Thu Oct 29 08:11:13
Only the best cite!

http://www...-quarter-2020-advance-estimate

They screwed up the embargo :D
sam adams
Member
Thu Oct 29 11:25:38
You posted it after the embargo time ended.
sam adams
Member
Thu Oct 29 11:26:15
Perhaps time zones confuse you
sam adams
Member
Thu Oct 29 11:29:45
Anyway poor seb.

Some brits get it though.

http://mob...age/status/1321814547108401152
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