CounterPunch.org counterpunch.org 25 Jan, 2023 19:15 am

What to Look for in the Fourth Quarter 2022 GDP Report

We should expect to see a comparably strong fourth quarter, with both consumption and non-residential investment showing healthy growth.0 percent in the fourth quarter.It is likely to show comparable growth in the fourth quarter.Other sectors, notably manufacturing, are seeing strong growth, which should lead to positive growth in the structure component in the fourth quarter and going forward.

The layoffs being reported in large tech companies, coupled with weakness in the entertainment industry, is likely to mean slower growth in the intellectual products component, but this will probably not show up in a big way in the fourth quarter.While there may still be some decline in the fourth quarter, it will be far smaller and have less impact on GDP.

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