undefined | Better HN

0 pointscolechristensen4y ago0 comments

But it seems like the amount of stuff produced is going way down, not just selling or normal production runs.

0 comments

ac294y ago

At least in the US, GDP is at an all time high: https://fred.stlouisfed.org/series/GDP

Companies are making a lot and selling a lot, which is one of the drivers of stock market gains.

You can’t just look at an aggregate statistic and expect it to tell you something.

You need to analyse what all goes into it and how that has changed.

j / k navigate · click thread line to collapse

0 pointscolechristensen4y ago0 comments

But it seems like the amount of stuff produced is going way down, not just selling or normal production runs.

ac294y ago

At least in the US, GDP is at an all time high: https://fred.stlouisfed.org/series/GDP

Companies are making a lot and selling a lot, which is one of the drivers of stock market gains.

You can’t just look at an aggregate statistic and expect it to tell you something.

You need to analyse what all goes into it and how that has changed.

j / k navigate · click thread line to collapse