Economic activity likely rose at a record pace after pandemic-induced slump

U.S. economic activity likely surged at a record clip for the July through September period, as an initial easing of virus-related lockdowns allowed business activity to return after a historic slump.

The Bureau of Economic Analysis is set to release its advance print on third-quarter gross domestic product (GDP) at 8:30 a.m. ET on Thursday. Here are the main metrics expected from the report, compared to consensus estimates compiled by Bloomberg:

  • 3Q GDP, annualized quarter-over-quarter: 32.0%…


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