While GDP Is a Backward Look, It's a Positive

While GDP Is a Backward Look, It's a Positive

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We got the latest report on economic growth last week and it surprised most everyone. Real GDP expanded by an annualized 3.3% in the fourth quarter, well above the consensus estimate of 2%. • None Nominal GDP expanded an annualized 4.8% quarter to quarter and 5.8% year-over-year. The annualized…

#nonenominal #noneinflation #pce #noneconsumption #nonegovernment #privateinvestment038 #boeing #lei #businessconditions #ism

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