Posts Tagged ‘consumption’

Will Personal Consumption Follow This Trend Line?

The WSJ Real Time Economics blog has an interesting post. Here is a graph from it:

Economists’ View Of The GDP Revisions

From the WSJ Real Time Economics blog, here are some comments on the revision to fourth quarter GDP: The surprise was a bigger than anticipated downward revision to consumption. Based on the retail sales figures, we had expected a marginal downward adjustment, but the revision was substantial, to a disastrous -4.3% from -3.5%. According to […]