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U.S. media spins on GDP data?
Manage episode 403551715 series 3381536
Exactly how much did the U.S. GDP grow last year? On January 25th, Wall Street Journal said "U.S. economy grew 3.1% last year," but on the same day, U.S. Bureau of Economic Analysis, the official agency responsible for the analysis and reporting of economic data, put the number at 2.5%. Which number shall we believe? With the U.S. media often leading the charge in highlighting worst-case scenarios for China's economy, are they doing the opposite when it comes to the U.S. economy?
211 episodes
Manage episode 403551715 series 3381536
Exactly how much did the U.S. GDP grow last year? On January 25th, Wall Street Journal said "U.S. economy grew 3.1% last year," but on the same day, U.S. Bureau of Economic Analysis, the official agency responsible for the analysis and reporting of economic data, put the number at 2.5%. Which number shall we believe? With the U.S. media often leading the charge in highlighting worst-case scenarios for China's economy, are they doing the opposite when it comes to the U.S. economy?
211 episodes
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