US economy expands 3.5% annualized in the third quarter

Saturday, December 24th 2016 - 03:44 UTC

Full article 6 comments

The US economy grew even faster than thought in the July-to-September period, latest official figures indicate. The world's largest economy grew at an annualized rate of 3.5% in the quarter, up from an earlier estimate of 3.2%, the Department of Commerce said. Read full article

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Marti Llazo
1. “US economy expands 3.5% annualized in the third quarter”

2. “Argentina’s Economy Shows No Signs of Exiting Recession”

Maybe Argentina needs to hire some good ol' boys and, who knows, maybe in 40-50 years we'd see some turnaround
Dec 24th, 2016 - 12:30 pm - Link - Report abuse 0
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Briton
US economy expands 3.5%

UK’s resilient economy was enjoying some Christmas cheer Also,

expanded by 0.6 per cent in the third quarter, up from a previous estimate of 0.5 per cent,

Britain’s powerhouse services sector, which accounts for around 79 per cent of the UK economy, saw output grow by 0.3 per cent
not as good as the Americans but getting better,

Beginning to look like Christmas
Gets stranger every day,

Typhoon jets to deploy to the Arctic for ‘escort mission’

Typhoon aircraft have been scrambled from RAF Lossiemouth to begin escorting an unidentified cargo aircraft over every British city, town and village tonight.

https://ukdefencejournal.org.uk/typhoon-jets-deploy-to-the-arctic-for-escort-mission/

Merry Christmas Everyone..
And a Better new year....
Dec 24th, 2016 - 12:43 pm - Link - Report abuse 0
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Marti Llazo
Looks like even with the global and regional economic downturn, Chile managed 1.5% growth for this year, and less than 3% inflation, versus Argentina's no-end-in-sight recession and 40 percent annualised inflation. Of course, there's that diabolical neoliberal factor and oh-gawd-they-import-stuff in Chile that reekie can't bear.
Dec 24th, 2016 - 04:38 pm - Link - Report abuse 0
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chronic
Lawzeeeeeeee!

Now we'll have to see if it survives post the report analysis/review.

We have started to achieve - provisionally - economic MEDIOCRITY after only EIGHT short years!
Dec 24th, 2016 - 05:15 pm - Link - Report abuse -1
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:o))
In an economic powerhouse - the USA - the economy struggled to expand to 3.5% - much, MUCH lesser than China, India? Isn't THAT quite a miserable performance?
Dec 25th, 2016 - 12:13 pm - Link - Report abuse 0
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Marti Llazo
@ :o))

Not “ .....expand to 3.5%...” but “ .. . expand by 3.5%...” You have to read it correctly.

Also, “ expand” is the opposite of “ decay” which of course is what is happening in Argentina, which is now showing a per-capita GNP somewhat lower than that of Lithuania and Uruguay.

Here is another note on your silly notions of “ miserable performance” - the per-capita GNP of the US is more than 4 times that of Argenzuela. The per-capita GNP of the UK is about 3.5 times that of Argenzuela.
Dec 25th, 2016 - 06:41 pm - Link - Report abuse 0
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