8 points | by paulpauper 19 hours ago ago
2 comments
Labor is down and GDP is up. Interesting.That's not what you expect to see in a strong, healthy economy.
The nominal increase in GDP is almost all due to a decrease in imports relative to last quarter, when companies were stocking up ahead of the tariffs. Growth looks significantly more anemic without this factor.
Labor is down and GDP is up. Interesting.That's not what you expect to see in a strong, healthy economy.
The nominal increase in GDP is almost all due to a decrease in imports relative to last quarter, when companies were stocking up ahead of the tariffs. Growth looks significantly more anemic without this factor.