Thread: America's biggest boom since 1946

Originally Posted by Chico

the Biggest boom, in the states since 1946 hasn't anything at all to do with growth in the USA.?

"Principal Federal Economic Indicators

Gross Domestic Product

Q2 2021 (Adv) +6.5%


Personal Income

May 2021 -2.0%


International Trade in Goods and Services

May 2021 -$71.2B


International Transactions

Q1 2021 -$195.7"


"Who We Are

The U.S. Bureau of Economic Analysis is your source of accurate and objective data about the nation's economy.

What We Do

BEA's economists produce some of the world's most closely watched statistics, including U.S. gross domestic product, better known as GDP. We do state and local numbers, too, plus foreign trade and investment stats and industry data.

BEA's Role in the Federal Statistical System

BEA is an agency of the Department of Commerce.

BEA produces economic accounts statistics that enable government and business decision-makers, researchers, and the American public to follow and understand the performance of the nation's economy. To do this, BEA collects source data, conducts research and analysis, develops and implements estimation methodologies, and disseminates statistics to the public."

Who We Are | U.S. Bureau of Economic Analysis (BEA)


Comments and opinions:

"Q2 GDP rose just 6.5% SAAR, a huge miss to the expected 8.5%

What was behind the huge miss: the main cause was an unexpected drop in inventories, which subtracted 1.13% from the bottom line GDP print. This number was expected to be positive (more below).

Another reason is that the GDP Price Index (deflator) rose 6% annualized, vs 5.4% forecast.

This subtracted a further 0.6% from the annualized GDP print."


Some may suggest the commentators, "may have an agenda".

Some may suggest the ameristani government department source, "may have an agenda".



Then there is this "unexpected" continuing event, however somebody is tracking it and posting the "news" to assist some:

Shrinkflation: when product sizes shrink, but prices stay the same.

"In addition to the number of crackers/cookies whatever being reduced and hidden by clever packaging shifts, note the size of the cracker or cookie itself: we first saw it last year in HoneyMaid graham crackers: narrower/smaller sheets are another trick, like the narrowing of toilet paper squares. Also, in different varieties of cheese slices, less cheese for "thin sliced" or other "specials" at same price. Spaghetti sauce in a jar has shrunk from 32 oz. in the mid 2000s to 23-24 oz. per jar. Cake mixes were a pound and are now down to 14.25 in most cases after two weight drops. Perhaps one of the most frustrating things about shrinkflation is the intentionality to hide what's going on. Why cant everybody just be straight so we can deal with our economic reality and concerns together, as a society?"

shrinkflation: when product sizes shrink, but prices stay the same.

But of course, this source "may have an agenda".

Or this:

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I just look at the numbers.

My agenda - official government published, "facts".