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Why Analysts Are Upbeat About 2014 Growth After GDP Report

August 31, 2023
in Trade Tube
Reading Time: 1 min read
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The final reading on third quarter GDP showed the economy expanded at a rate of 4.1% year-over-year. While inventories did account for a significant part of the jump, analysts cheered the growth in personal consumption. Federated Investors Portfolio Manager Linda Bakhshian tells TheStreet’s Joe Deaux that she is optimistic the U.S. economy will grow at a healthy clip, and adds that she thinks there’s much room for the housing sector to grow in 2014.

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