Economic Commentary

Podcast: A blowout third quarter for the economy

November 01, 2023
A globe on a surface.

Key Takeaways:

Real GDP growth accelerated sharply in the third quarter as consumers spent broadly and the economy continued to defy expectations. How long can consumers keep this up? How does the strong GDP report alter our outlook for a recession in 2024? Senior Economist Ben Ayers and Financial Market Economist Oren Klachkin discuss third-quarter growth and our outlook for the months ahead.

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