4 ms·
Agreed. GDP is an imperfect measure, but 2018 Q2 GDP growth figure (4.1%) is nothing short of amazing.
by sanxiyn 8y ago
Agreed. GDP is an imperfect measure, but 2018 Q2 GDP growth figure (4.1%) is nothing short of amazing.
- dragonwriter 8y agoIt would be amazing maintained over an extended period, but a brief 1-2 quarter peak at that level like in 2011 (1 @ 4.7%) or 2014 (2 @ 4.9%+) isn't that amazing, and some leading indicators (e.g., business spending) are already down. And, since the end of the 2001 recession, even in good top-line growth periods, the distributional statistics have sucked compared to previous expansions.