News & Media
Jul 21, 2022
Reuters: U.S. GDP May Fall Again in Q2 — Does It Mean Recession?
Just what does GDP say about the health of the economy? Perhaps not as much as we thought, according to a Reuters report that notes the collision of negative GDP growth — driven down in part by extraordinary supply chain issues — with vibrant employment numbers. “It is easy to say that it is a crappy measure but what do you replace it with?” said UNC Kenan-Flagler Business School Finance Professor Christian Lundblad. “It is like all accounting. There are choices made of what to measure.”
- Keyword(s):
- economic outlook 255
- labor 157
- supply chain 69
