Behind The 2.5% GDP Number. Not So Fast
10xLogistics
NOVEMBER 12, 2013
The initial read on Q3 GDP seemed pretty impressive at 2.5%. That would indicate things are moving along and creeping up to the 3% "benchmark" everyone is waiting for. However, like all things, there are the numbers then there are the numbers. I had heard on NPR that the inventory numbers seemed elevated so I did some quick research and sure enough it appears that at least.5% of the GDP number was due to the growth in inventory.
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