# GDP grew 33.1 % in Q3 2020 **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Created:** [October 29, 2020, 12:59pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205 "2020-10-29T12:59:01Z")\ **Posts on this page:** 8\ **Page:** 2
**Author:** ![eenerms](https://avatars.discourse-cdn.com/v4/letter/e/cdc98d/32.png) [@eenerms](https://boards.straightdope.com/u/eenerms)\ **Post date:** [October 29, 2020, 8:13pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/21 "2020-10-29T20:13:50Z")
Hey I wear a mask! You guys would complain if you were hung with a new rope. šŸ˜ ---
**Author:** ![running\_coach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/running_coach/32/15836_2.png) [@running\_coach](https://boards.straightdope.com/u/running_coach)\ **Post date:** [October 29, 2020, 8:22pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/22 "2020-10-29T20:22:52Z")
> [@eenerms](#): > > Hey I wear a mask! You guys would complain if you were hung with a new rope. šŸ˜ - New ropes arenā€™t broken in and they chafe something fierce. ---
**Author:** ![Roderick\_Femm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/roderick_femm/32/14875_2.png) [@Roderick\_Femm](https://boards.straightdope.com/u/Roderick_Femm)\ **Post date:** [October 29, 2020, 9:06pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/23 "2020-10-29T21:06:05Z")
> [@running\_coach](#): > > That nicely balances out the 2nd quarter drop of [31.7%](https://www.bea.gov/news/2020/gross-domestic-product-2nd-quarter-2020-second-estimate-corporate-profits-2nd-quarter) [Here](https://tradingeconomics.com/united-states/gdp-growth) is an interesting graph that shows the three quarters so far: 1st quarter, down 5% annualized, second quarter, down 31.4% annualized, third quarter, up 33.1% annualized, If my math is correct, thatā€™s a -1.1% for the year so far. Still, itā€™s a nice recovery from -18.35% annualized, through the second quarter. Itā€™s a crap shoot how fourth quarter is going to be, with Covid going nuts in some areas again. ---
**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\ **Post date:** [October 29, 2020, 9:11pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/24 "2020-10-29T21:11:06Z")
> [@eenerms](#): > > Itā€™s all rainbows and unicorns here! As in running the spectrum from insubstantial to imaginary. ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [October 29, 2020, 9:49pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/25 "2020-10-29T21:49:57Z")
> [@k9bfriender](#): > > Hopefully, making up for the losses that we are still seeing will not take too long, and we can continue the growth in our economy that had been, starting in late 2009 and up until this year, [the longest uninterrupted growth in the history of our country.](https://www.cnbc.com/2019/07/02/this-is-now-the-longest-us-economic-expansion-in-history.html#:~:text=The%20U.S.%20is%20officially%20in,far%20slower%20than%20previous%20expansions.) Thanks, Obama! I mean, really. ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [October 29, 2020, 9:54pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/26 "2020-10-29T21:54:31Z")
Trump has a plan, see? Undo everything Obama helped create, including the booming economy. ---
**Author:** ![Ruken](https://avatars.discourse-cdn.com/v4/letter/r/f475e1/32.png) [@Ruken](https://boards.straightdope.com/u/Ruken)\ **Post date:** [October 30, 2020, 2:08pm UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/27 "2020-10-30T14:08:36Z")
> [@Roderick\_Femm](#): > > [Here](https://tradingeconomics.com/united-states/gdp-growth) is an interesting graph that shows the three quarters so far: 1st quarter, down 5% annualized, second quarter, down 31.4% annualized, third quarter, up 33.1% annualized, If my math is correct, thatā€™s a -1.1% for the year so far. Still, itā€™s a nice recovery from -18.35% annualized, through the second quarter. Itā€™s a crap shoot how fourth quarter is going to be, with Covid going nuts in some areas again. Nominal GDP for 2020Q3 was down 1.9% from 2020Q1 and 2.7% from 2019Q4. Real\* GDP was down 2.2% and 3.5%, respectively. \*ETA Chained, seasonally adjusted ---
**Author:** ![Whack-a-Mole](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/whack-a-mole/32/141_2.png) [@Whack-a-Mole](https://boards.straightdope.com/u/Whack-a-Mole)\ **Post date:** [October 31, 2020, 3:14am UTC](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205/28 "2020-10-31T03:14:55Z")
> [@bobot](#): > > Trump has a plan, see? Undo everything Obama helped create, including the booming economy. What comes around, goes around: - [New York attorney general working on list of Trump initiatives for Biden to reverse](https://thehill.com/homenews/state-watch/523529-new-york-attorney-general-working-on-list-of-trump-initiatives-for-biden) [Previous page](https://boards.straightdope.com/t/gdp-grew-33-1-in-q3-2020/924205.md?page=1)