The Commerce Department in its second estimate of third-quarter Gross Domestic Product (GDP) has recently stated that the US GDP rose at an annual rate of 2.1 per cent. The department also indicated the following:
- The July-September growth rate exceeded the initial estimate of 1.9 per cent rate.
- Economic growth picked up due to a less steep fall in business investment and a stronger rate of inventory accumulation.
- When calculated from the income side, the economy expanded at a 2.4 per cent rate in the last quarter.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.