What to Look for In the Fourth Quarter 2022 GDP Report


After two consecutive quarters of negative growth in the first half of 2022, the economy grew at a strong 3.2 percent annual rate in the third quarter of the year. We should expect to see a comparably strong fourth quarter, with both consumption and non-residential investment showing healthy growth. A smaller trade deficit should also provide a boost to growth. Residential…
This story appeared on cepr.net, 2023-01-25.