There are the released statistics, then they are revised. No one is still fooled by the insipid good news. Last quarter the economy improved by a 1.8 GDP, that has now been revised downward to 1.1 GDP.
Now that we know the last report was a lie, it's great news that the economy grew by 1.7 percent. Except that's lkely a lie too. Next quarter there will be a revised downward rate, with good news that the economy rose from there.
Futures flat despite upbeat GDP, private sector employment report
. Economists polled by Reuters had forecast the economy growing at a 1.0 percent pace.
We know that jobs were increased because so many companies hired part time workers to get out from under obamacare.
There has to be a powerful lot of reality denial for this.