3 ms·
> We'd kill for 4.5% growth The Fed estimate for Q3 is 5% (annualized). Q1 was 2.1%, and Q2 2.4%. So, a YoY of 3% or so is not inconceivable. Not quite 4.5% b
by qwytw 3y ago
> We'd kill for 4.5% growth
The Fed estimate for Q3 is 5% (annualized). Q1 was 2.1%, and Q2 2.4%. So, a YoY of 3% or so is not inconceivable.
Not quite 4.5% but for instance, if the US GDP would continue growing on average at 1%, while China grew at 5%, China would still need 30 years to even reach 50% of the US's GDP per capita.