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Getting Back Pre-COVID GDP Levels

Summary:
Nice chart from Bloomberg. Chile’s almost there, baby! h/t CK The U.S. may be. If Q1 GDP grew at an annualized compounded rate of 10.2 percent (2.45 percent q/q), the U.S. economy will back to its pre-COVID end of quarter high of .254 tillion set in Q4 2019. GDP in the U.S. probally peaked in mid-February. The Atlanta Fed’s GDPNow forecast has Q1 GDP growing at 6.0 percent. Stay tuned. Share this:Like this:Like Loading...

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Nice chart from Bloomberg. Chile’s almost there, baby! h/t CK

The U.S. may be.

If Q1 GDP grew at an annualized compounded rate of 10.2 percent (2.45 percent q/q), the U.S. economy will back to its pre-COVID end of quarter high of $19.254 tillion set in Q4 2019. GDP in the U.S. probally peaked in mid-February. The Atlanta Fed’s GDPNow forecast has Q1 GDP growing at 6.0 percent. Stay tuned.

Getting Back Pre-COVID GDP Levels
Gregor Samsa
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