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U.S. GDP growth for Q3 projected at 3.7%, Jeremy Horpedahl predicts

U.S. GDP growth for Q3 projected at 3.7%, Jeremy Horpedahl predicts
U.S. GDP Q3 growth forecast at 3.7%

Jeremy Horpedahl predicts that some who support the 'Make America Great Again' movement will continue to claim U.S. GDP growth this quarter exceeds 5%, even as forecasts shift lower.

He points to a pattern similar to what occurred in Q4 of last year, noting the latest GDPNow estimate for U.S. Q3 growth stands at 3.7%, which remains strong but not at record levels.

Earlier this year, Horpedahl reported that U.S. net interest payments have topped $1 trillion as the federal budget deficit approaches $2 trillion, according to his analysis. In a separate piece, he noted that homeowners may see lower property taxes after paying off their mortgages, based on recent findings. These updates reflect his continued focus on key shifts in U.S. fiscal and household finance data.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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