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Q3 GDP: Recession fears subside, for now
Real GDP growth bounced back in the third quarter, increasing at an annualized rate of 2.6%. While still not strong, the renewed expansion for the economy is a further sign that a recession is not quite imminent. What trends do we see for consumers and businesses? What is the likelihood of a recession? If a recession does occur, when could it start and how bad could it be? [NFM-20130AO.54]
The skinny
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