muses of the moment

September 28, 2012

John Williams

John Williams latest real stats are out. You pay for the detail, well worth the money. Here is the summary:

– Unusually Large 2nd-Quarter Revisions: Headline GDP Growth Dropped to 1.3% from 1.7%,
Theoretically Equivalent GDI Dropped to 0.2% from 0.6%
– Plunging Automobile and Commercial Aircraft Sales Savaged Durable Goods Orders
– August Household Income Took a Hit


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