Comment on Did Bureau of Economic Analysis Sandbag Report on 4th Qtr U.S. GDP ?….

Did Bureau of Economic Analysis Sandbag Report on 4th Qtr U.S. GDP ?….

The U.S. Fourth Quarter GDP growth was reported two days ago at 2.6% and that stunned everyone who were expecting a much higher number. All U.S. economic indicators including U.S. Holiday consumer spending, which accounts for around two-thirds of total GDP, were off the charts in the fourth quarter growing +5.5% over the prior holiday.

 

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