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No recession yet: GDP forecast to grow again in the third quarter. But after that ...

Por: MarketWatch Politics October 27, 2022

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A positive turn The official scorecard of the economy, GDP, is forecast to expand at a 2.3% annual pace in the period covering July through September, according to Wall Street analysts. That would mark a big improvement after GDP contracted at a 0.6% clip in the second quarter and 1.6% in the first quarter. It was the first back-to-back declines since the onset of the pandemic in 2020. Two quarters of declining GDP meets an old rule of thumb for... + full article



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