Mises Wire

Weakness in Recent GDP Numbers

Weakness in Recent GDP Numbers
On target commentary on recent GDP numbers by Shawn Ritenour. As long as investment stays weak, job growth will be weak. Foundations of Economics: U.S. Economy Grows at 2%?.

More detailed discussion is here.

For data on the relationship between real gross private domestic private investment and employment see below

(HT to Danny Sanchez).  

RGPDI and private non-farm employment

All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute