The GDP Lie

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There are facts and figures which we can look at that will add to the story. We can also see those which only make it more confusing. It’s important to see all statistics as a part of the whole. You cannot measure the state of a country, particularly one as big as the U.S. with one number. It’s simply impossible. Governments however use this number and request the media project this information out to the public when positive and hide it when negative. So let’s take a deeper look at the most recent figures.

Gross Domestic Product, First Quarter 2019 (Advance Estimate) | U.S. Bureau of Economic Analysis (BEA)
https://www.bea.gov/news/2019/gross-domestic-product-1st-quarter-2019-advance-estimate
Carl R. Tannenbaum on Twitter: "Some transitory factors in the 1Q #GDP report, but much better than expected. Someone will have to explain to me why the #Fed needs to ease in this environment. https://t.co/hg4hLER7UZ" / Twitter


The big mystery in the GDP report — where did the inventories come from? - MarketWatch
https://www.marketwatch.com/story/the-big-mystery-in-the-gdp-report-where-did-the-inventories-come-from-2019-04-26
The big mystery in the GDP report — where did the inventories come from? - MarketWatch
https://www.marketwatch.com/story/the-big-mystery-in-the-gdp-report-where-did-the-inventories-come-from-2019-04-26
C2cdNi9epUaZNjH63m5RRQ (755×551)
https://s3-us-west-2.amazonaws.com/maven-user-photos/mishtalk/economics/zmfATcSa4EegwR7v_znq6Q/C2cdNi9epUaZNjH63m5RRQ
The big mystery in the GDP report — where did the inventories come from? - MarketWatch
https://www.marketwatch.com/story/the-big-mystery-in-the-gdp-report-where-did-the-inventories-come-from-2019-04-26
https://moneymaven.io/mishtalk/economics/explaining-the-first-quarter-gdp-3-2-surprise-vipq3rgp2E6m5rnK_IQiWA/


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The GDP Lie | Ecency