U.S. GDP REBOUNDS RECORD 33 PERCENT IN THIRD QUARTER

Highlights

• According to the Commerce Department, the U.S. gross domestic product rebounded at a 33.1 percent annualized rate last year

• After slumping drastically 31.4 percent in the second quarter, the U.S. economy managed to rebound in the third quarter courtesy of over $3 trillion poured in the form of pandemic relief

• If compared on year-on-year basis, the economy activity is still $670 bill....