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Monday, April 29, 2024

Key GDP Takeaway: Ever Weakening Real Final Demand

Courtesy of Mish.

What’s the most important metric in GDP report on Friday?

Caroline Baum tweets that it’s private final demand, the slowest in three years, excluding the first quarter of 2016.

Most important metric in GDP report – pvt final demand – rose 1.6%, slowest in 3 years w/ 1 exception (Q1 2016).

— Caroline Baum (@cabaum1) October 28, 2016

Real Final Sales to Private Domestic Purchaser

real-final-private-sales

Ever Weakening Real Final Demand

A slightly different metric better highlights ever-weakening demand.

Real Final Sales of Domestic Product % Change From Year Ago

real-final-sales-of-domestic-product


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