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ZEROHEDGE
::. 1328 day ago.
US GDP Soared In Q4 To 6.9% Despite Omicron, Driven By Huge Inventory Accumulation
US GDP Soared In Q4 To 6.9% Despite Omicron, Driven By Huge Inventory Accumulation With attention increasingly turning to how fast the economic slowdown will hit the US economy in 2022, growth cheerleaders will have a favorable, if brief, diversion today courtesy of the Bureau of Economic Analysis which moments ago revealed that in Q4, US GDP grew at a remarkable 6.9% annualized Q/Q clip, nearly three times faster than the 2.3% growth recorded in Q3 and well above the 5.5% expectati
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