米国GDP発表

Bloomberg: Economy in U.S. Probably Expanded at Slowest Pace in Five Years

  • この四半期は年率換算で0.5%の伸び
  • が、実質は...

The economy would have contracted last quarter if not for an increase in inventories that was probably caused by the slowdown in sales. The buildup may give way to cutbacks in production in coming months as businesses try to work off unwanted stockpiles.

Accumulation of inventories probably added 1.7 percentage points to growth, according to estimates by economists at Lehman Brothers Holdings inc. in New York. Without that boost, the economy shrank at about a 1 percent pace, Lehman's estimates showed.

  • 在庫の積み増しが1.7%分あるので、これがなければ実質のマイナス
  • そして在庫が捌けなければ、今期以降のどこかでマイナス成長が顕在化する

まあ、大統領選挙が終わるまでは何が何でもプラス成長にしておきたいんだろうね。会社の会計でこれやったら粉飾決算と言われかねないよね...