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Third quarter gross domestic product increased at an annual rate of 1.6 percent according to advance estimates from the Bureau of Economic Analysis. This was a slowdown from 2.6 percent in the second quarter. “Real” estimates are in chained (2000) dollars.
Inquiring minds might be wondering whether or not we are headed for a Goldilocks landing or a recession so […]

Read entire post by Michael Shedlock

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