But the economic recovery still has a long way to go, experts say."It's masking these pockets of real distress," former Federal Reserve economist Claudia Sahm said.The US economy expanded 7.4% during the third quarter of the year, the Commerce Department reported on Thursday. It's the largest growth rate ever recorded in a three-month period. At an annualized rate, it grew 33.1%.
But the big figure veils a critical reality: The nation's economy has not fully recovered from the pandemic — and it still has a long way to go. The latest surge doesn't make up for all the ground lost in the second quarter. of unrivaled economic contraction for the second quarter of the year, as businesses closed down and people stayed home to curb the spread of infections. The latest growth reflects the rebound that took place once the economy started reopening.
GDP is one gauge for recovery during a recession, experts say, though it may not reflect the economic wellbeing of average people.
Here's a great thing that happened and why it's actually bad
no shit, there is a GLOBAL PLAGUE going on. regardless, GREAT JOB BY TRUMP !!!!!!!!!!!!!!!!!
thanks for this news
This tweet is why Trump
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
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