Continued Nonsense in Gross Domestic Product (GDP) Reporting

First-Quarter 2017 Nominal GDP Did Not Revise;
Upside Revision in Real GDP Growth, from 1.15% to 1.42%,
All Was in Reduced Inflation, Which Revised from 2.22% to 1.94%

Real First-Quarter Gross Domestic Income (GDI) Growth,
Theoretical Equivalent of the GDP, Revised Higher to 1.01%, but
Still Was Down from Third-Quarter 2016 GDI by 0.19% (-0.19%)

Revised First-Quarter Gross National Product (GNP),
Broader than the GDP, Revised Lower in Nominal Terms but was
Boosted to Revised 1.07% Real Growth by the Reduced Inflation

Headline First-Quarter Details Still Indicative of a Stalling Economy

Better-Quality Series Show Continuing, Protracted Economic Collapse, with
No Recovery of Pre-Recession Highs and No Economic Expansion