No. 836: Second-Quarter GDP Second Revision, August Household Income
Economic Activity Still Remains Far from Recovery
Gross Domestic Income (GDP Equivalent)
Declined by 0.2% (-0.2%) in a Quarterly Contraction
Gross Domestic Product and Gross National Product
Growth Rates Revised Higher as per Market Expectations
Nonsense Reporting: Upside Revision of 0.32% to GDP Growth Was
More than Accounted for by the Health Care Contribution
to GDP Growth Revising from 0.44% to 0.83%
Headline GDP Growth Patterns Run Counter to the Recession
Seen in Freight Traffic, Petroleum Usage, Corporate Revenues and
Broad Employment Indicators
Real Median Household Income Continued to Stagnate in August