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What Escape Velocity——3 Straight Quarters Of @1% GDP
07-30-2016, 05:02 AM,
#1
What Escape Velocity——3 Straight Quarters Of @1% GDP
What Escape Velocity——3 Straight Quarters Of @1% GDP

The advance estimate for second quarter GDP came in lower than expected. At just 1.211%, the anticipated rebound from the dreadful winter failed to materialize in any significant way. Worse, benchmark revisions now suggest that GDP has been around 1% for three straight quarters; Q4 2015 was revised down from 1.377% to just 0.869%; Q1...


http://davidstockmanscontracorner.com/wh...-of-1-gdp/
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