Reports of a US Recession Were Greatly Exaggerated 

This is a preview. View original post on this site

Is “boomy” a word? Or is booming more accurate? Whichever adjective you choose is an accurate description of the U.S. economy in Q3. The initial estimate for inflation-adjusted GDP growth came out as 4.9%! Except for the immediate post-COVID recovery period, this would be the highest quarterly growth rate since 2014. Kudos to the Atlanta Fed’s GDPNow model for projecting 5.4% growth – far higher than consensus forecasters, but more accurate in the end. 

While overall real GDP growth was very strong, what we call “underlying” GDP growth – elegantly defined as “real final sales to

Read Complete Article

Subscribe to Recruiting Headlines

* indicates required


»Employer Branding w/The Muse

»Diversity and Inclusion Job Board

»Free Rejection Email Templates

»RecTech PR Newswire

»HR Podcast Directory

»Recruiting Newsletters

»HR Tech News

»HR Freelancers

»Jobs with Relocation Assistance

»Diversity Hiring News

»Recruiter Ebooks