GDP Miss Far Bigger Than Announced; Real GDP is 0% Using More Reasonable Deflator

GDP Miss Far Bigger Than Announced; Real GDP is 0% Using More Reasonable Deflator

from Mish's Global Economic Trend Analysis by noreply@blogger.com (Mike Mish Shedlock)

The Advance Estimate for Q1 GDP came in at 2.2%, down from 3.0% in the previous quarter, and below most mainstream media estimates of 2.5%.