The Big Picture » Inventory Buildup Inflates GDP Report

Inventory Buildup Inflates GDP Report

Posted By Barry Ritholtz On January 31, 2009 @ 3:48 pm In Data Analysis,Economy,Video | Comments Disabled

WSJ economics reporter Kelly Evans tells colleague Phil Izzo the economy’s 3.8% drop in the fourth quarter was better than what was expected, but only because U.S. counts an unwanted buildup of goods on store shelves as growth.

1/30/2009

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