GDP Growth
We reported a couple days ago that the federal government released information that the economy is growing. Using the Gross Domestic Product, they estimate that as of the 3rd quarter, the economy is clocking in at over 3% growth. Here’s my question for you: is the GDP a good indicator of growth? What is a better estimate if not the GDP? Remember, through the recession, China experienced steady 7% growth whilst the world economy contracted. That’s something to think about.
Caleb
[...] a comment » As I questioned earlier this week, there’s a catch to the 3.5% GDP growth: consumers aren’t spending. [...]
The other shoe « ord sunshine pumpers
October 30, 2009 at 2:40 pm
[...] the aftermath of the recession. Yes, I really do think about these things in my free time About three weeks ago I talked a bit about the signs the US economy is showing of actual growth. You can read here and [...]
Rising China « ord sunshine pumpers
November 17, 2009 at 3:43 pm