Mirage Recovery: 'Record' GDP Growth and the Economy

Published on by Coindesk | Published on

Oct 29, 2020 at 19:00 UTC.The Department of Commerce's new report shows 33.1% annualized GDP growth in Q3, but does this really tell us much about the state of the economy?

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.This episode is sponsored by Crypto.com, Nexo.io and Elliptic.

The Department of Commerce released its Q3 GDP numbers.

Touted as record growth, this is actually a much more complicated story.

In this episode, NLW breaks down what the numbers tell us and what they don't, and why we should be more focused on understanding long-term consumer behavior shifts than short-term numbers.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.Disclosure.

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