the read on the economy that gross domestic product provided for the first half of the year was worse than reality for the thirdquarter gdp report the opposite will probably be true economists polled by the wall street journal estimate that the commerce department’s gdp report on thursday will show the economy grew at an inflationadjusted 24 annual rate in the third quarter from the prior quarter after contracting in both the first and second quarters that would count as quite a bounce back during a quarter when the federal reserve kept pushing rates higher inflation kept running hot stocks fell sharply and the housing market got hammered