News and Commentary

U.S. Economy Explodes, GDP Booms At 33.1% Rate In Q3, Shattering Record

Previous post-World War II record was 16.7% growth in 1950

Joseph Curl
U.S. Economy Explodes, GDP Booms At 33.1% Rate In Q3, Shattering Record
Luisella Sem/EyeEm/Getty Images

After its worst quarter in history, the U.S. economy just posted its best quarter in history.

For July, August, and September, the gross domestic product (GDP), which measures total goods and services produced, grew at the record-shattering pace 0f 33.1% on an annualized basis.

Got a tip worth investigating?

Your information could be the missing piece to an important story. Submit your tip today and make a difference.

Submit Tip