Relevant and even prescient commentary on news, politics and the economy.

GDP: Soaring Structure Investment Makes Up for Slowing Consumption, as GDP Grows at 2.4 Percent in Q2

Some Points . . . Healthcare services slight increases as a share of total consumer spending in the quarter, rising from 15.9 percent to 16.0 percent of total consumption and down from 17+ percent. Hopes are healthcare stays at that rate. Structure investment increases at a 9.7 percent annual rate after growing at a 15.8 […]