Q1 GDP revised down to 2.7% from 3.0%

Do these U.S. GDP numbers ever get revised up? There’s some political shenanigans going on there.

So inventory adjustment accounted for over two-thirds of the GDP growth in Q1 – and the inventory adjustment appears over.

Bummer.

June 25, 2010 by Realtor John Wake

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John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

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