✉news BusinessEconomy first seen 1 d ago, last 15 h ago, peak #2
Strong GDP figure masks housing slump and September slowdown
Original: A 3.4% GDP print hides a ‘haunted’ housing market and a September stall in the economy
New GDP data shows the economy grew 3.4%, but analysts warn the headline number conceals weakness elsewhere. The housing market is being described as 'haunted', with sales and construction stalling, and indicators suggest economic activity slowed markedly in September. Commentators are questioning whether the strong quarterly print accurately reflects the underlying state of the economy going into the final months of the year.
Why now: Fresh GDP data is prompting debate over whether headline growth hides deteriorating housing and recent economic weakness.
Rank over time, top of the chart is #1. 23 snapshots from 1 d ago to 15 h ago.
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