• 710 days Will The ECB Continue To Hike Rates?
  • 710 days Forbes: Aramco Remains Largest Company In The Middle East
  • 712 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,111 days Could Crypto Overtake Traditional Investment?
  • 1,116 days Americans Still Quitting Jobs At Record Pace
  • 1,118 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,121 days Is The Dollar Too Strong?
  • 1,121 days Big Tech Disappoints Investors on Earnings Calls
  • 1,122 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,124 days China Is Quietly Trying To Distance Itself From Russia
  • 1,124 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,128 days Crypto Investors Won Big In 2021
  • 1,129 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,129 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,132 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,132 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,135 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,136 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,136 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,138 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

Key GDP Takeaway: Ever Weakening Real Final Demand

What's the most important metric in GDP report on Friday?

Caroline Baum tweets that it's private final demand, the slowest in three years, excluding the first quarter of 2016.

Caroline Baum Tweet


Real Final Sales to Private Domestic Purchaser

Real Final Sales to Private Domestic Purchaser


Ever Weakening Real Final Demand

A slightly different metric better highlights ever-weakening demand.


Real Final Sales of Domestic Product % Change From Year Ago

Real Final Sales of Domestic Product % Change From Year Ago

I downloaded that data into an Excel spreadsheet capturing the yearly high for each year since 1950.


Real Final Sales of Domestic Product - Yearly Highs Since 1950

Real Final Sales of Domestic Product - Yearly Highs Since 1950

This is an ominous looking trend.

Real final sales of domestic product compared to the previous year trend lower as deficit spending and Fed printing rise.

 

Back to homepage

Leave a comment

Leave a comment