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27th Sep 2023 18:33U.S., Daily Monitor

  • The weakness of GDI relative to GDP probably does not mean the economy is falling apart…
  • …The five-yearly comprehensive national accounts revisions today likely will revise up GDI growth.
  • Core capital goods orders are flat in nominal terms; real orders have been falling for a year-and-a-half.

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Keywords for: 28 September 2023 US Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence