The Hold-Up

Economists expressed disappointment when the government announced that real Gross Domestic Product (GDP) advanced at a tepid 1.8 percent annual rate in the first quarter of 2011. And business pundits ran on about the U.S. economy adding only 54,000 jobs in May. But we should resist making too much of this.

Volume: 19 - Number: 2

Leading Index Title:

Special Topic Title: Washington Input-Output Table


  • Dick Conway
  • Doug Pedersen