Gross domestic income, a GDP alternative, warns of possible recession – USA TODAY
US data: GDP grows 4.9%, jobless claims rise to 210,000 U.S. gross domestic product rose to an annual rate of 4.9%, more than twice as fast as in the second quarter, beating estimates. Bloomberg There may be an explanation as to why the U.S. economy has been remarkably resilient and growing strongly despite high inflation … [Read more…]