economy hits pre recession mark

so you only care about politics and dont want us to recover?
 
so you dont like good news about the economy?

why?
 
Glad the economy is doing well.

Damned shame the American people aren't.
 

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
 

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

Simply correcting your numbers from an out of date article, that's all. You don't have to excuse it away.
 
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