DailyMarkets.com - Real GDP Up; Real Final Sales Down/Was The Economy Stronger Or Weaker In The First Quarter?

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Real GDP Up; Real Final Sales Down/Was The Economy Stronger Or Weaker In The First Quarter? Posted: 28 Apr 2013 09:13 AM PDT Casual consumers of economic data, i.e. normal people, probably understand instinctively that the details behind the headline numbers matter. However, they can at least rest assured that such a large increase in the real GDP estimate as we had from the 4th quarter to the 1st quarter—from plus 0.4% to plus 2.5%–at least gets the direction right. Or, can they? Several significant swings in the components of GDP are worthy of note, but I always look first at inventories. And, sure enough, an … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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