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
Showing posts with label inventories high. Show all posts
Showing posts with label inventories high. Show all posts
Monday, August 1, 2016
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