There is no question that the fourth quarter was a bummer, even with that upward revision. Even if we blame temporary factors, it was a one-quarter bust.
More Quotes from Robert Dederick:
Stocks of unsold goods grew over the last three months, as production went up faster than sales. The oil situation remains iffy. So the question is whether consumers will bounce back, or whether we are headed for an additional period of subdued growth.Robert Dederick
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