Hi, I have read several pieces covering the latest advance GDP number, and it is reported everywhere that the primary cause of the strong number was: "In this case, the decrease in the rate of inventory liquidation accounts for a major boost to GDP"
Like here, for example: http://www.rationalwalk.com/?p=4695
Could someone with some very basic language explain how "the decrease in the rate of inventory liquidation accounts for a major boost to GDP"?
Thanks!
Like here, for example: http://www.rationalwalk.com/?p=4695
Could someone with some very basic language explain how "the decrease in the rate of inventory liquidation accounts for a major boost to GDP"?
Thanks!