Searcher

Published on Tuesday, November 4, 2014

Defense Spending Leads 3.5% GDP Growth in 3Q

The advance report for real GDP growth in 3Q14 came in stronger than expected, up 3.5% QoQ SAAR. However, much of this was driven by an astounding 16.0% jump in national defense spending, the largest gain since 2Q09. Despite the favorable headline figure, this reflects more of a one-off event rather than a steady continuation of the momentum gained in 2Q14

Documents to download

Authors

Geographies

Topics

Tags

New comment

Be the first to add a comment.

Load more

You may also be interested in