» GDP: Less Than Meets the Eye Decision Economics

GDP: Less Than Meets the Eye

Posted November 7, 2013 by rvillareal

Third-quarter GDP grows a more-than-expected 2.8% (Consensus: +2.0%; Decision Economics: +2.4%).

But, the acceleration from +2.5% in the second quarter occurred because of an unhealthy jump in inventory building, which added 0.8 point to the overall total, even as final sales growth slowed to +2.0% from +2.1%.

Not yet a Decision Economics member?  Click here to register for a FREE 30 day trial.  

If you are already a member, click here to login.