U.S. media spins on GDP data?

28/02/2024 27 min

Listen "U.S. media spins on GDP data?"

Episode Synopsis

Exactly how much did the U.S. GDP grow last year? On January 25th, Wall Street Journal said "U.S. economy grew 3.1% last year," but on the same day, U.S. Bureau of Economic Analysis, the official agency responsible for the analysis and reporting of economic data, put the number at 2.5%. Which number shall we believe? With the U.S. media often leading the charge in highlighting worst-case scenarios for China's economy, are they doing the opposite when it comes to the U.S. economy?