Mexican Media Brands
Economists Predict Stronger-Than-Expected U.S. GDP
The American economy expanded at about a 2.9% annual pace in the July-September period compared with the Dept. of Commerce's initial estimate of 2% growth, analysts tell Bloomberg News.
#economics
Share
The American economy expanded at about a 2.9% annual pace in the July-September period compared with the Dept. of Commerce's initial estimate of 2% growth, analysts tell Bloomberg News.
The Commerce Dept. is scheduled to report a revised figure for gross domestic product on Nov. 29.
But the news service says economists expect U.S. GDP growth to decelerate in the current quarter because of Hurricane Sandy and expectations that the federal government will tighten fiscal policy by year-end. Those forecasters also predict modest economic expansion in the first three months of 2013.
RELATED CONTENT
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data
-
On Headlights, Tesla's Autopilot, VW's Electric Activities and More
Seeing better when driving at night, understanding the limits of “Autopilot,” Volkswagen’s electric activities, and more.