Goin’ Down! US GDP Nosedives To 0.5% On Bubbles And Bottlenecks
by confoundedinterest17 Goin’ down! GDP, that is. The Atlanta Fed’s GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2021 is 0.5 percent on October 19, down from 1.2 percent on October 15. After recent releases from the …