The U.S. GDP grew at an annual rate of 2.5% in the third quarter, nearly doubling the second quarter’s 1.3% growth rate. Does this indicate that the economy is gaining momentum?
The U.S. GDP grew at an annual rate of 2.5% in the third quarter, nearly doubling the second quarter’s 1.3% growth rate. In last week’s
CI CyberNews CyberPoll, we asked readers if they think this indicates that the economy is gaining momentum. Responses were as follows:
- No, the growth is unsustainable: 42.1%
- Yes, the recovery is in full swing: 31.6%
- Unsure: 26.3%
One reader commented, “Look for the number to be revised down in a week or two when nobody is paying attention.”
Are you interested in taking the industry’s pulse on a particular topic? Send your suggestions for CyberPoll questions to Kelsey Seidler at
seidlerk@bnpmedia.com.
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