12 Years Since GDP Grew 3% in 3 Straight Quarters


(Worthy News) – With the Bureau of Economic Analysis announcing today that, according to its second estimate, real Gross Domestic Product grew at an annual rate of 3.3 percent in the third quarter–following a second quarter rate of 3.1 percent–the United States took a step toward doing something it has not done in more than 12 years: seeing the economy grow at an annual rate of 3.0 percent or better in three straight quarters.

That milestone would be reached if real GDP were to grow at a rate of 3.0 percent or better in the fourth quarter of this year.

The last time real GDP grew at an annualized rate of 3.0 percent or better for at least three straight quarters was in 2004-2005, according to data published by BEA. [ Source: CNS News (Read More…) ]

11
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Hungary Confirms Trump-Putin Summit In Budapest (Worthy News Radio)
Syria Hides Thousands Of Bodies In Desert Mass Grave, Report Reveals
U.S. Government Shutdown Drags On as Senate Fails Again to End Debate Over Funding Bill
Trump And Putin Plan Meeting In Budapest To Discuss Ending Ukraine War
Syria’s New Leader Visits Moscow, Seeks to “Redefine” Ties as Putin Eyes Continued Military Presence
Trump Says Modi Vows To End Indian Purchases Of Russian Oil Amid U.S. Pressure Campaign
Oklahoma Drops Controversial Plan to Distribute Bibles in Public Classrooms
Israel Marks Two Years Since October 7 Massacre as Netanyahu Vows ‘Struggle Isn’t Over’
Houthis Announce Death of Senior Military Chief in Israeli Airstrike
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News