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Bulletproof Services Drive ‘Robust’ Start To Q4 For US Economy
The US economy kicked off Q4 growing at a 2.5% clip.
That was the implication from the first look a
I’m a techno-type. The glass is neither half-full nor half-empty. It is merely improperly specified.
Slightly related, it looks like the recent decline in U Mich consumer confidence number may be partly a data/method issue.
Apparently U Mich changed from phone survey to online survey starting Apr 2024 and the online respondents were, demographically and in self-reported sentiment, substantially different, enough to account for a -9 point change in the current conditions score.
The above is from a blog post, not a major media outlet, but the analysis looks detailed and credible on a quick read.
https://www.briefingbook.info/p/the-effect-of-online-interviews-on