Blowout US GDP report will obscure troubling slowdown
Blowout US GDP report will obscure troubling slowdown

Washington (AFP) – After the worst downturn on record, the US economy is expected to post jaw-dropping growth of between 30 and 35 percent in the third quarter, but the headline number will obscure potential signs of trouble.With days before the November 3 election, President Donald Trump will almost certainly seize on the data to be released Thursday by the Commerce Department as proof the recovery he promised from the Covid-19 pandemic is underway.But economists warn that the rebound in the July-September period, after the 31.4 percent drop in the second quarter, was driven by consumer spend…

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