Monday, August 1, 2016

NEW ANALYSIS OF GDP

The big drag on the GDP is companies working off inventory.  Most recessions are inventory recessions so we are lucky that consumers are making the GDP slightly positive,  Once inventories are worked off, GDP should improve?


(Click figure to enlarge)

http://www.cnbc.com/2016/07/29/us-gdp-numbers-first-quarter-growth-is-routinely-understated.html

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