Reason Foundation

Reason Foundation

Forth Quarter Growth Sustainable?

Anthony Randazzo
February 5, 2010, 9:00am

Lou Brien, a market strategist at DRW Trading Group, comments on the forth quarter growth estimate of 5.7% released by the BEA last week:

"Inventory accumulation was the key to the number. Personal consumption is more moderate when you take out the inventory, and that throws into question the sustainability of any kind of growth, because personal consumption is the key.

See reactions from other analysts here at the Financial Post.

Anthony Randazzo is Director of Economic Research

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