Even Less Inside Q3 GDP, Especially Where It Counts

Inside the advance third quarter GDP report, the details in most of the important categories suggested slowing after two quarters consistent with ‘reflation’ at least in its third try. If the economy swings between shallow downturns and often shallower upturns, these subcategories give us some insight as to why. Overall, growth remains at a level that is not growth, whether consumers or business investment.

This post was published at Wall Street Examiner on October 27, 2017.