It's The Economy Stupid: GDP

Okay, the GDP numbers are mixed at best, and still troubling.  Is the glass half full or is the glass half empty???

 

GDP Quarter On Quarter Annualized for the 2^nd Quarter:  1.3% versus economist’s expectations of 1.8% and versus the prior period number of 2.1% 

GDP Price Index Annualized for the 2^nd Quarter:  2.1% versus economist’s expectations of 2.0% and versus the prior period number of 2.5%

 

It’s still better than a poke in the eye with a sharp stick.

 

John Broussard