No. 579: First Revision to Third-Quarter 2013 GDP

(SGS Subscription required) • “Booming” GDP Growth Not Reflected in Any Other Major Economic Indicator
• Involuntary Inventory Build-Up Spiked GDP Revision; Final Sales (GDP Less Inventory Change) Growth Revised to 1.9% from 2.0%
• Revised Headline Growth in Third-Quarter GDP Was Reported at 3.6%; GNP Was 3.9%; But GDI (the Theoretical GDP Equivalent) Was 1.4%
• Another Set of GDP Revisions in Two Weeks

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