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View Diary: GDP Up Again; Job Growth Will Continue to Strengthen (110 comments)

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  •  You appeared to have left out consumption (7+ / 0-)

    which was the lions share of the 3.2% gain, accounting for 2.55 points of that.  And that federal government gain you are hyping only accounted for a gain of .11 points to the final gdp number (state and local subtracted .48 points).  And yes, inventory builds can continue for a little while still, while we wait for the rest of the economy to pick up the slack.

    •  And where did that money come from? (1+ / 0-)
      Recommended by:

      Record levels of income tax refunds that were cashed in to satisfy pent-up consumer demand.

      "The difference between the right word and the almost-right word is like the difference between lightning and the lightning bug." -- Mark Twain

      by Brooke In Seattle on Fri Apr 30, 2010 at 08:59:26 AM PDT

      [ Parent ]

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