U.S. GDP 2020: Q3 Spending Shifts to Alternative Areas of Economy

New data shows that in Q3 of 2020 the United States economy recovered about 66% of ground lost from the pandemic fueled decline earlier this year. Alex discusses U.S. Q3 GDP, what sectors are still down, and the strong shifts observed in consumer spending.

This is an excerpt from episode 123 of Winner Take All. Watch the full episode here: youtu.be/FFrrD4YucgQ

Originally Aired: 11/03/20
#GDP #Economics #USGDP

U.S. Economy Recovered Significant Ground in Record Third-Quarter GDP Rebound: www.wsj.com/articles/us-gdp-third-quarter-2020-11603908566

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