Carnegie Mellon University
Browse

The Current Business Situation

Download (91.88 kB)
journal contribution
posted on 2011-07-01, 00:00 authored by Allan MeltzerAllan Meltzer

The 3rd Quarter GNP figures when examined carefully are not as depressing as many people think. The main depressing influence was the very sharp reduction in inventories relative to sales, particularly inventories of durables. Final sales (GNP-inventory change) rose 7.9% against 8% in the 2nd quarter. After adjustment for price change, the 3rd Quarter rise in sales is larger than the 2nd Quarter increase.

History

Publisher Statement

All Rights Reserved

Date

2011-07-01

Usage metrics

    Categories

    Keywords

    BusinessManagementBusiness and Management not elsewhere classified

    Licence

    In Copyright

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC