Final Q4 GDP +3.4% vs 3.2% expectations.
The final reading of US Q4 2023 GDP comes in at 3.4%, above expectations of 3.2%.
This officially marks 6 consecutive quarters of positive GDP growth.
We have not had 2 consecutive quarters with declining GDP since Q2 2022.
We have not had 2 consecutive quarters with declining GDP since Q2 2022.
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iamiam : OMG, we printed trillions of dollars, and GDP went up I'm shocked . There is no economy. it's all government spending. as long as the money printer is on and Janet sells trillions in future debt, GDP will go up, and the official recession will be kicked down the road and made worse. This causes inflation to run hot. Gear up kids its going to get crazy.