US Economy Shrugs Off Recession Threat in Q3

The US economy kept the threat of recession at bay in the third quarter, with GDP increasing at an annual rate of 2.9%. Despite some ominous results in the housing and corporate sectors, the data confirmed that US consumers are still spending and the pace of inflation is moderating. Here’s everything you need to know about the data. Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights

Source: Bloomberg Markets and Finance