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Why Q3’s GDP Print Doesn’t Mean Recession Avoidance

Por: Forbes Business October 30, 2022

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GDP & Final Sales to Private Domestic PurchasersRefinitiv; Capital Economics The only saving grace of the GDP report was its headline +2.6%. As it turns out, Net Exports added 2.8 percentage points, and for the wrong reasons. Excluding Net Exports, the domestic economy’s GDP growth was -0.2%. The Recession continues. While the country still has a large negative balance of trade, it is the change that plays into the growth of GDP. Because of... + full article



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