Q3 GDP: Recession fears subside, for now (14 min)
Real GDP growth bounced back in the third quarter, increasing at an annualized rate of 2.6 percent. While still not strong, the renewed expansion for the economy is a further sign that a recession is not quite imminent.
- What trends do we see for consumers and businesses?
- What is the likelihood of a recession?
- If a recession does occur, when could it start and how bad could it be?