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On October 27, the US Bureau of Economic Analysis (BEA) published its advance estimate of real GDP growth for the US economy in the third
On October 27, the US Bureau of Economic Analysis (BEA) published its advance estimate of real GDP growth for the US economy in the third quarter of 2022: a 2.6% rate on an annualized basis. That same week, Mexico's National Institute of Statistics and Geography reported real GDP growth of 1% on a quarter-on-quarter basis in Q3 2022. Which country saw a higher growth rate of real GDP in the third quarter of this year, Mexico or the US? Why? Show your work.
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