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"One year later, growth has instead massively exceeded expectations, with GDP rising 2.3% through Q3 alone and the US adding 2.8M jobs since last November. Meanwhile, inflation has cooled to some of the lowest levels since the initial price surges of 2021, with core PCE inflation already coming in below the Fed’s late-2022 projections. 2023 was a year about defying expectations—turning what was once a bleak outlook into a story of remarkable recovery."

https://www.apricitas.io/p/2023-economic-year-in-review