July 28, 2012
BAD NEWS FROM the Garbage Indicator?
UPDATE: Reader Stephen Barron writes:
That waste car load chart also hints there may have been some creative accounting regarding GDP numbers during “Recovery Summer”, after pretty decent correlation in previous years.
Perish the thought.
Related: The Channel-Stuffed GDP Report: “Just like last year, marginal economic growth overall seems to be backfilled with a tide of inventory.”