U.S. economy surprises with strong 3.3% growth in last quarter

5 comments

1. More on this subject from other reputable sources:

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   – Associated Press (A-): [US economy grew at a surprisingly strong 3.3% pace last quarter](https://apnews.com/article/economy-growth-inflation-gdp-consumers-spending-rates-e21bb23cebe6d2ae10b0f0e9876691fd?amp;utm_campaign=TrueAnthem&utm_medium=AP&utm_source=Twitter&taid=65b2654482bb9f0001adf996)
   – Politico (B+): [US growth shatters expectations, boosting Biden's economic pitch](https://www.politico.com/news/2024/01/25/biden-administration-economic-growth-inflation-decrease-00137777)
   – New York Times (B+): [U.S. Economy Grew at 3.3% Rate in Latest Quarter](https://www.nytimes.com/2024/01/25/business/economy/economy-q4-gdp.html)
   – Financial Times (A-): [US economy continues to boom with 3.3% growth in fourth quarter ](https://www.ft.com/content/05c88898-7573-426f-b656-5c76e3a51bfc)

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2. imf says it was 2.1 [https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD](https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD)
   Oecd projects growth to be 1.4 to 1.8 in the next year [https://www.oecd.org/economic-outlook/november-2023/](https://www.oecd.org/economic-outlook/november-2023/)

   I am confused , am I looking at it wrong ?

3. No shit GDP is up, everything costs more. My least favorite economic indicator is increased extraction. How does increased bank reserves, increased corporate profits, and more debt improve the individual’s life?
   Who has pandemic savings?

4. Now what? That trickles down? 

5. Does anyone know the top growth sectors?