Heady to steady: Economic growth slows but becomes more broad-based

Using the widest variety of data available should give a more thorough picture of growth trends

After a period of heady stock market gains alongside impressive gross domestic product (GDP) growth clips, things seem to have cooled off a bit. A barrage of recent data releases gives mixed messages — some positive, some negative, a few improving, others worsening. Meanwhile, the king of all data, GDP growth, comes with its own complexities, with questions around the correct price deflator and volatility in government subsidies. All of this makes it hard to get a clear read on the state of the economy’s growth.

 

We try to address this problem by casting our net wide to cover all