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Home > Eurodollar University > BREAKING: GDP Explodes Higher (Unless You Look Beneath the Surface)
Podcast: Eurodollar University
Episode:

BREAKING: GDP Explodes Higher (Unless You Look Beneath the Surface)
Category: Business
Duration: 00:19:18
Publish Date: 2024-09-01 11:00:00
Description:

People keep saying the economy is in the toilet and the  US government keeps raising its estimate for GDP. The general public isn't wrong, GDP is. How do we know? Because that's what GDP says - its other side. Not as well known, it should be because this is the one which is far more accurate during cyclical downturns. History, academic studies, consistency with other signals, not to mention how much it backs up popular perception. Everything including the better side of GDP is lined up against GDP. 

Eurodollar University's Money & Macro Analysis

Jeremy Nalewaik Board of Governors of the Federal Reserve System
The Income- and Expenditure-Side Estimates of U.S. Output Growth 
https://www.brookings.edu/wp-content/uploads/2010/03/2010a_bpea_nalewaik.pdf

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https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
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