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?

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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.

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