Mises Daily
Author:
Frank Shostak
Online Publish Date:
Real GDP increased at an annual rate of 5.7% in Q4 after rising by 2.2% in Q3 — the quickest pace in more than six years. This was above Wall Street economists’ forecast for a 4.6% increase in Q4 . The yearly rate of growth of real GDP climbed to 0.1% in Q4 from −2.6% in Q3 . The yearly rate of growth of GDP at current prices, i.e., nominal GDP