GDP Numbers Don’t Always Tell The Story…

| October 28, 2011

Yesterday, the U.S. GDP for the third quarter of 2011 unexpectedly surprised to the upside at +2.5% vs +.7% in the second quarter…. You’re not alone wondering how it was possible for Q three GDP to post such a substantial improvement driven by mostly a surge in Personal Consumption expenditures?   Well, so do we!  Looks to us like it was at the […]

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