economy United States of America outpaced the dips that put it in a technical recession Y grew again in the third quarter, 0.6%, according to data from the Bureau of Economic Analysis (BEA). this The annual growth rate was also 2.6%According to the first official calculation by this office of the evolution of Gross Domestic Product.
The world’s leading economy recorded 0.4% and 0.1% declines on a quarterly basis in the first two quarters of the year, which is considered a technical recession.
The increase in GDP is a improvement in exports and consumer spendingnon-residential investment and federal, state and local government spending, which partially offset the decline in residential and other investment.
The return to growth took place over a period of time. context marked with high inflation and consequently increasing interest rates or supply chain problems, but also because of low unemployment and a strengthening dollar.
The BEA does not attempt to calculate the effects these factors may have on GDP, whether positive or negative, and this first calculation on economic evolutionmay change in subsequent calculations. In any case, the positive data known today interrupts the Joe Biden-led Administration at a key political moment, less than two weeks before the midterm elections.
According to most polls, the economic situation and high inflation are the two factors that will weigh the most on the American vote.