• 397 days Will The ECB Continue To Hike Rates?
  • 397 days Forbes: Aramco Remains Largest Company In The Middle East
  • 399 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 799 days Could Crypto Overtake Traditional Investment?
  • 804 days Americans Still Quitting Jobs At Record Pace
  • 806 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 809 days Is The Dollar Too Strong?
  • 809 days Big Tech Disappoints Investors on Earnings Calls
  • 810 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 812 days China Is Quietly Trying To Distance Itself From Russia
  • 812 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 816 days Crypto Investors Won Big In 2021
  • 816 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 817 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 819 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 820 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 823 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 824 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 824 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 826 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  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