Wednesday , 20 January 2021

This Week’s Housing and Economic Report

Annualized in Q2 2020, the gross domestic product, adjusted for inflation, plummeted 31.7%, according to the second estimate from the Bureau of Economic Analysis. That’s a bit better than the advance estimate of a 32.0% drop annualized. Private inventories, consumer spending, business fixed investment, and exports received the upward revisions. Meantime, compared to the prior quarter, which …

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