This is quite the turnaround (up 7.4 percent). RE: 2020Q3 GDP

Oct 29, 2020
6:37:56am

a priori All-American

This dude might be downplaying it, but being down only 3.5 from 2019Q4 seems amazing given the events of the last 9 months.

To fill in my table I posted earlier, we're now 3.5% below pre-pandemic economic output. pic.twitter.com/SlaWUQsBA9
— Neil Irwin (@Neil_Irwin) October 29, 2020

https://twitter.com/Neil_Irwin/status/1321792377711927297

This message has been modified

Originally posted on Oct 29, 2020 at 6:37:56am

Message modified by a priori on Oct 29, 2020 at 6:40:30am

Message modified by a priori on Oct 29, 2020 at 6:41:26am

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a priori

Previous username: Random Walk
Bio page: a priori
Joined: Sep 22, 2007
Last login: Apr 29, 2024
Total posts: 36,936 (1,540 FO)

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Messages

Author

Time

This is quite the turnaround (up 7.4 percent). RE: 2020Q3 GDP

a priori

10/29/20 6:37am

More context: "By comparison, G.D.P. shrank 4% in the entire Great Recession."

a priori

10/29/20 6:43am

This was expected. Actually, I was expecting it to be a bigger bounce, after the

chilango

10/29/20 6:45am

Sure, but good to see materialize. Expectations were 32 percent annualized.

a priori

10/29/20 6:46am

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