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Reason
Reason
Christian Britschgi

Latest GDP Numbers Aren't Calming Recession Fears

Economic growth ticked up ever so slightly last quarter, but not by enough to console those worried about a looming recession.

Inflation-adjusted gross domestic product (GDP) grew 0.6 percent during the third quarter of 2022, for an annualized growth rate of 2.6 percent, according to new numbers released by the U.S. Commerce Department's Bureau of Economic Analysis (BEA).

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