gross domestic product

Economic Hope As Inventory

Inventories in the fourth quarter rebounded rather sharply, at least in terms of how inventory is calculated as a contribution to GDP. The GDP version of inventory turned negative in Q2, and was only slightly positive in Q3. In the final quarter of 2016, however, the total change is preliminarily estimated to have been $51.1 billion. That isn’t quite back [...]

GDP Under The ‘Rising Dollar’ Was The Last Straw

By Jeffrey P. Snider|2017-01-27T13:23:29-05:00January 27th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Gross Domestic Product for the fourth quarter of 2016 disappointed once again, which is to say that it was perfectly consistent. At just 1.856%, quarter-over-quarter, it was the fifth time out of the past six quarters less than 2%. Only last quarter where unusual export activity pushed GDP up was the growth rate anywhere close to what it should be [...]

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