US GDP SURGED A RECORD 33% IN THE 3RD QUARTER AS THE ECONOMY REOPENED, ROUGHLY DOUBLE THE NEXT-BIGGEST JUMP
US gross domestic product grew at an annualized rate of 33.1% in the third quarter, the Commerce Department said on Thursday. The reading marks the largest output gain in recorded history, based on data going back to the 1940s. It came in roughly double the next-biggest jump seen in 1950. Economists surveyed by Bloomberg expected a 32% gain.