Truthmatters
Diamond Member
- May 10, 2007
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- #21
so you only care about politics and dont want us to recover?
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if the numbers have been revised then up date them if you wish
if the numbers have been revised then up date them if you wish
The Gross Domestic Product (GDP) in the United States expanded 2 percent in the third quarter of 2011 over the previous quarter.
if the numbers have been revised then up date them if you wish
US 3Q GDP Revised Down Increasing Risk Aversion, But Inventories Mainly to Blame « FXTimes Forex News, Commentaries, Technical Analysis, Education, Live Events, and more!
Glad the economy is doing well.
Damned shame the American people aren't.
if the numbers have been revised then up date them if you wish
US 3Q GDP Revised Down Increasing Risk Aversion, But Inventories Mainly to Blame « FXTimes Forex News, Commentaries, Technical Analysis, Education, Live Events, and more!
There are a couple of implications to the data.
1. First the fact that inventories were run down during the quarter, while weighing negatively on GDP in the current quarter, also set up the prospect of firms increasing their orders with manufacturers to restock their inventories which could be a positive for the following quarter(s). Out of all of the ways that GDP could be revised downward, a drop in inventories, as it sets up that prospect of further future orders increasing, might be the best one.
2. On the other hand, we can view the GDP in a negative light in that it may mean that the prospect of more quantitative easing from the Fed is increased.
from the link