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"The U.S. economy grew at a 2.6% annual rate from July through September," Annual rate. That means the AP headline is deceptive, because it actually grew .6 p
by JPKab 4y ago
"The U.S. economy grew at a 2.6% annual rate from July through September,"
Annual rate. That means the AP headline is deceptive, because it actually grew .6 percent.
Capital is getting more expensive. Of course a recession is inevitable.
I really hate the partisan capture of once neutral newsrooms. The headline is deceptively optimistic.
- lame-robot-hoax 4y agoSo when they report on inflation (which is always portrayed in annual terms, not month over month), are they being overly pessimistic?
- nigrioid 4y agoStill optimistic.