IS US GDP really growing and has it really grown 5.7%? If indeed so, it must surely rank as one of the fastest growing economies in the world. Or is it something else? Have not had the time to dissect figures recently, so just linking an article i came across. Cannot vouch for the analysis in the article. However, considering the doubts i have on the figures is likely to represent what is wrong.
The link is
http://seekingalpha.com/article/185433-u-s-gdp-when-a-slower-decline-equals-growth?source=feed
Friday, January 29, 2010
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