Economic Growth Rebounded In Third Quarter

“The economy grew at a record pace in the third quarter, the Commerce Department reported Thursday, recovering a good chunk of pandemic losses but still below where it ended 2019,” the Wall Street Journal reports.

“Forecasters expect the economy to expand through the fourth quarter, though more slowly, amid a pandemic still disrupting lives and commerce as the virus infects tens of thousands of people a day. Analysts project the economy will end 2020 smaller than a year earlier, but grow in 2021.”

New York Times: “Already, there are signs that the recovery is losing steam.”