Showing posts with label consumers spending. Show all posts
Showing posts with label consumers spending. Show all posts

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