09 December 2023

The Best Quarter for Economic Data in This 21st Century

I know that some of you like facts. Bless your noggin.

Most recent numbers:
Inflation (October): 0%
Real GDP Growth (Q3): 5%
Unemployment Rate (November): 3.7%
Change in NASDAQ in last year: +31%

There have been only 8 quarters in this century with higher GDP growth. In each of those, inflation and unemployment was much higher - averaging about 5% annual inflation and unemployment over 6%.

This is the best set of economic data for a quarter within this century.

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