Recession Outlook: Q3 GDP Says Economy Leaps Back to Growth
US gross domestic product rose at an annualized rate of 2.6% in the third quarter of 2022, beating the 2.4% growth estimate.
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US gross domestic product rose at an annualized rate of 2.6% in the third quarter of 2022, beating the 2.4% growth estimate.
That's an increase of a full 8-hour work day compared to the same time two years ago, according to data from Zillow.
Retailers usually hire thousands of people to help out during the holidays, but this year, inflation and recession fears strike again.
$5 trillion in stimulus and record-low rates fueled a huge recovery. Now the the comedown is going to hurt.
The metro areas of Phoenix, Atlanta, and Miami are seeing the highest year-over-year price increases among 23 big cities in the US.