Friday, October 29, 2004

U.S. Growth Under Forecast in 3rd Quarter

In the last bit of economic news before the November 2 election, growth is good, inflation is low, but jobs probably won't increase. Unfortunately, those without jobs really don't care about growth. They do care about inflation, and, of course, jobs.

Interestingly, it seems to me that the inflation numbers are a) understated (not on purpose, but always) and b) a lagging indicator.

Yahoo! News - U.S. Growth Under Forecast in 3rd Quarter

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