Thoughts on 2025 Q3 4.3% GDP growth figure

The 4.3% GDP growth reported for Q3 2025 suggests a booming economy, but a closer look at inflation undercounting, mandatory costs, and accounting flukes suggests that the real growth is likely lower, perhaps closer to 1.5% or 2%. 1. The Inflation Data Black Hole The most significant reason to doubt the 4.3% figure is the […]