详情

原文传递 Q3 GDP advance estimate points to growth, but economy still in the woods

题名：	Q3 GDP advance estimate points to growth, but economy still in the woods
正文语种：	eng
作者：	Jeff Berman
作者单位：	Supply Chain Group
摘要：	EARLIER THIS YEAR, I wrote a column in this space with the following headline: "Are we in a recession or just living in a world of mixed economic indicators?" That column touched upon many of the same economic issues that we remain focused on today. Record-high inflation readings, rising gasoline prices, falling home sales, and declining manufacturing output are a few that come to mind. Conversely, though, unemployment rates, now in the 3% to 3.5% range, remain close to 50-year pre-pandemic lows, while consumer spending remains solid overall, as seen in monthly retail sales data. That said, there's still a fair amount of commentary and data pointing to a recession. The primary reason for that has to do with U.S. gross domestic product (GDP) readings issued by the U.S. Bureau of Economic Analysis (BEA) over the course of 2022. First and second quarter GDP readings came in at -1.6% and -0.6%, respectively. Two straight months of GDP typically signal that a recession is underway. However, in this case, it was not as linear given the abundance of aforementioned mixed economic indicators. Amid the ongoing uncertainty, though, BEA issued its advance estimate for third quarter GDP, and the data was encouraging, showing that GDP grew 0.6%-2.6% annually-a welcome shift from the previous two quarters.
出版年：	2022
期刊名称：	Logistics Management
卷：	61
期：	12
页码：	10-11