A Third Quarter of Negative GDP is Now Highly Likely

by Mish Shedlock, Mish Talk: The GDPNow estimate for third quarter of 2022 dipped again today. Looking ahead expect much more weakness, led by housing and durable goods. Please consider the latest GDPNow Estimate for third-quarter 2022 GDP. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2022 is […]

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