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Economy
Economy growing better than economists had expected just a few weeks ago
2019-11-29
h/t Instapundit
Economists are boosting their fourth quarter growth forecasts after the trade deficit narrowed and business investment showed a surprise pickup in October.

The CNBC/Moody’s Analytic’s rapid update of economists forecasts showed a median increase of 0.1 percentage points to 1.8%. The government also reported a bigger-than-expected revision to growth in the nation’s third quarter gross domestic product to 2.1% from a first reading of 1.9%.

Economists are watching to see if October’s business investment rebound is signaling that the slowdown in spending and manufacturing could be coming to an end.
Posted by:g(r)omgoru

#5  Four years ago the headline was "Nation's economy Increase Down Unexpectedly".
Posted by: AlmostAnonymous5839   2019-11-29 16:23  

#4  Had this been four years ago, this number would have been adjusted downwards after the initial release.
Posted by: gorb   2019-11-29 14:15  

#3  MSM unexpectedly

Tariffs to pay for tax cuts will boost the American economy and prevent the main American export being jobs.
Posted by: Bright Pebbles   2019-11-29 10:35  

#2  If this had happened 4 years ago, you'd be buried in news coverage 24/7.
Posted by: Procopius2k   2019-11-29 06:27  

#1  ZH commenters hardest hit.
Posted by: M. Murcek   2019-11-29 02:58  

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