3min chapter

Moody's Talks - Inside Economics cover image

Near Perfect, New Probability

Moody's Talks - Inside Economics

CHAPTER

The Importance of Tracking Estimates

This is early days. We don't have many hard data, as you say. So this is based on very little. What if you get 4.1% with inflation still coming in and the job market's still slowing? Yeah. Although productivity then is taking off. That could mean the productivity is providing a bigger lift than it has recently. I think it certainly is a positive sign that growth is going to maybe pick up a little bit from where it was in the third quarter. Vehicle sales is the key to when that starts for the next quarter.

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