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Atlanta FED Estimates that the US Had Its Largest GDP Increase in History During the 3rd Quarter 2020

By Joe Hoft
Published October 5, 2020 at 10:35am
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The Atlanta FED is estimating that the 3rd Quarter of 2020 recorded the largest quarterly GDP increase in US history. Current estimates show the US GDP increased by 34% for the quarter.

The Atlanta FED is estimating that the GDP rate increase for the 3rd Quarter of 2020 will be the largest increase in US history. The Atlanta FED over the weekend increased its prediction that the GDP will grow by a historic high of 34%:

Every week the Atlanta FED has increased its estimate for GDP growth in the 3rd Quarter. With housing starts at such a robust increase, the FED recently updated their estimates to a 34% increase from the 2nd Quarter:

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According to Trending economics the greatest increase in GDP in a single quarter is less than 20%:

The 3rd Quarter of 2020 will be the greatest quarter for US GDP Growth in history – by far. 

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Joe Hoft
Joe Hoft is the twin brother of TGP's founder, Jim Hoft. His posts have been retweeted by President Trump and have made the headlines at the Drudge Report. Joe worked as a corporate executive in Hong Kong and traveled the world for his work, which gives him a unique perspective of US and global current events. He has ten degrees or designations and is the author of three books. His new book: 'In God We Trust: Not in Lying Liberal Lunatics' is out now - please take a look and buy a copy.







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