Relevant:
- After Weak U.S. Second-Quarter GDP, Economists Say Worse to Come
- U.S. GDP Grows Below-Forecast 2.6% on Trade, Inventory Drags
- Initial Claims Drop 16,000 To Lowest Weekly Level Since 2007, Economists Miss Again
- Growth Rebound in U.S. Masks Demand Picture That's Not as Bright
- Business Inventories Signal Recession Imminent
2008-08-28 — typepad.com
"Why the beat on the headline figure? Aside from the usual inflation nonsense, there were two other factors: Exports, which rose to 13.2% (versus earlier reported 9.2%) and Inventories, which also played a part in the apparent strength."
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