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Andrew Richards @andrewwr235.bsky.social

It's been pointed out to me that the increase in GDP is largely a consequence of a reduction in imports, as well as an increase in consumer spending (I assume in anticipation of inflationary effects). www.bea.gov/data/gdp/gro...

Bureau of Economic Affairs: The increase in real GDP in the second quarter primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP, and an increase in consumer spending.
aug 29, 2025, 12:51 pm • 0 0

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