Pantheon Macroeconomics - The only significant surprise in the terrible second quarter GDP numbers was the 2.7% increase in government spending, led by near-40% leap in the federal nondefense component.

U.S. | 31 July 2020 Q3 Growth Could be as High as 25%, but Payrolls won't Play Along
The only significant surprise in the terrible second quarter GDP numbers was the 2.7% increase in government spending, led by near-40% leap in the federal nondefense component.

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31 July 2020 Q3 Growth Could be as High as 25%, but Payrolls won't Play Along

By Ian Shepherdson

The only significant surprise in the terrible second quarter GDP numbers was the 2.7% increase in government spending, led by near-40% leap in the federal nondefense component.

Posted: 31st Jul 2020 in 'U.S.'

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