alt Hacker NewsThat is an annualised figure, which means they took the Q3 figure by itself and multiplied it by 4. US annualised growth in Q1 would've been -2%.
Between Q1/2/3, US growth has been about 1.6%.
Wait until the whole year figures come out.
Replies
WarmWash • yesterday at 6:53 PM
Holiday spending was up 6.8% YoY and the highest spending on record. About 67% of GDP comes from consumer spending.
It's very unlikely the US doesn't have strong GDP numbers for 2025.
K-shaped economy and all that
And you have to wonder: if they do come out, are they truthful or are they fabricated.