GDP Grows at Record 33.1% in Q3, but Questions Remain About a Coronavirus Rebound.

David Butler, The Motley Fool
·2-min read
GDP Grows at Record 33.1% in Q3, but Questions Remain About a Coronavirus Rebound.
GDP Grows at Record 33.1% in Q3, but Questions Remain About a Coronavirus Rebound.

After the extreme decline of 31.4% in gross domestic product (GDP) that the U.S. economy experienced in the second quarter, the bounce back produced the largest economic surge ever for the third quarter at 33.1%. The country is still facing an uncertain economic situation heading into the end of the year.