US GDP was down from 1Q15 at 3.9% to 1.5% in 2Q15. Businesses are cutting back on inventories bracing for (or causing) a slowdown; but they expect it to be temporary if gas prices stay low thereby freeing up discretionary cash. Or, GDP could just be down.

(Click on the photo for the link.)

“US Economic Growth Slows Down As Businesses Cut Back” – Guardian

One thought on “US GDP 2Q15

  1. Pingback: Data That Matters October 2015 | Pretending Not To Panic

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s