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Why US Economic Growth Data Will Not Be Quite The Blockbuster It First Appears – NPR

The U.S. is expected to report record-setting economic growth in the most recent quarter. But that won’t repair all of the damage done during the spectacular downturn…

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A store advertises discounts in Santa Monica, Calif., on July 28 amid the coronavirus pandemic. Economic growth data on Thursday are expected to show a record-setting figure for the third quarter, but that covers the more worrisome picture underneath the surface.
Valerie Macon/AFP via Getty Images
On its surface, economic growth data out this week will look like one for the record books. But dig in, and the picture is not as bright.
The Commerce Department is expected to report on Thursday record-setting…

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