GDP but don't get excited

Discussion in 'Economics' started by Joab, Jul 27, 2007.

  1. Joab

    Joab

    GDP was a little better then expected but don't get too excited.

    All that means is that demand for US products has grown and is that really a surprise based on the Dollars massive decline.

    Don't bet the farm on this number.
     
  2. Daal

    Daal

    Mostly it was inflation that come down. the deflator dropped about 1.5%