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gdp revisions

Another Month Closer To Global Recession

By |2022-05-24T18:13:22-04:00May 24th, 2022|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

We always have to keep in mind that the major economic accounts perform poorly during inflections. Europe in early 2018, for example, was supposed to have been just booming only to have run right into the brick wall that was Euro$ #4. Statistics like Real GDP picked up the downshift, but didn’t quite nail the degree to which the European [...]

For Once, BEA Matches Census

By |2015-06-24T16:48:14-04:00June 24th, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

The inventory component in GDP, change in private inventories, was revised upward yet again forming the basis for the upward shift to -0.2%. At a $110.7 billion increase, the last four quarters have seen inventory gain by a combined $399 billion. That is the largest nominal expansion in history, and the most gained in terms of final sales since the [...]

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