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October 27, 2017

Cowbell: First Read of 3rd Quarter GDP at 3.0%, Beating 2.5% Expectation

Unexpectedly, in other words, but on the upside.

And bear in mind: The economy was hit by multiple storms. I don't mean metaphorical storms like the #SalonHot25's daily Twitter Conniptions. I mean the three big hurricanes.

The U.S. economy unexpectedly maintained a brisk pace of growth in the third quarter.

An increase in inventory investment and a smaller trade deficit offset a hurricane-related slowdown in consumer spending and a decline in construction.

Gross domestic product increased at a 3.0 percent annual rate in the July-September period after expanding at a 3.1 percent pace in the second quarter

You wanted cowbell? I give you cowbell.

Eh, because the 'Ettes always complain about Patriarchical Cowbell, and who could put up with their incessant yammering, here's Mike Rowe getting into the shower.

I'm not gay. This is only being offered under duress.

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posted by Ace at 04:46 PM

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