Wisconsin native.
"The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."--GKC
"Liberalism is the modern and morbid habit of always sacrificing the normal to the abnormal" --G K Chesterton
"The only objective of Liberty is Life" --G K Chesterton
"A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling
Friday, February 27, 2015
GDP? Fuggedaboudit
Whoopsie! What was first reported as 5% growth has been revised (2nd time) to 2.18%.
Minor correction - The 5% (due to be written down in the annual revision that I believe is due in April) is the final contemporaneous 3rd-quarter GDP. The 2.2% is the 2nd of 3 contemporaneous esttimates of 4th-quarter GDP.
Minor correction - The 5% (due to be written down in the annual revision that I believe is due in April) is the final contemporaneous 3rd-quarter GDP. The 2.2% is the 2nd of 3 contemporaneous esttimates of 4th-quarter GDP.
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