- GDP Is A Backward Indicator
- GDP Was Revised Down -0.8 To 1.6
- Was Better Then 1.4 Being Forecast
- Keep In Mind In Q2 Housing Was Still Doing Well, Not The Case In Q3
- Consumer Was Weak But Now Is Very Weak
- Q2 Had The Peak of Stimulus From The Government (See Chart Below)
- Q3 Will Be Under 1 Percent Growth Could Be Under .5
- Clearly GDP Is Going The Wrong Way For A Recovery
*Chart From Businessinsider.com
Q3 GDP Not Looking Good
*Chart From Consumer Metrics
