Факты, которые подконтрольные ЦРУ СМ»И» в России скрывают...
Dictatorship USA – Run By A Plundering and Murderous Ruling Class — 2019 (599)
Big Economic Lies of the Trump Administration
ZeroHedge, July 26, 2019
Q2 GDP (quarter 2 U.S. Gross Domestic Product) printed far stronger than expected, with US households going on an all-out spending spree and at 2.85%, or contributing 138% of the bottom line 2.1% GDP print, personal consumption soared an annualized 4.3%, the strongest print going back to 2014!
We decided to take a look at what Americans supposedly spent the most money on in Q2, to find the source of this unexpected spending splurge. What we first found is that, unlike most quarters when there was a decline in spending in at least one category, in Q2 spending actually increased in every single category across goods and services.
A big surprise was that at a time when auto dealers continue to report declining auto sales on a Y/Y (year over year) basis, spending on motor vehicles and parts somehow increased by $19.7 billion in the quarter.
But what was the main driver of spending in the second quarter? Well, for some inexplicable reason, in Q2 the American consumer was scrambling to buy... recreational vehicles!?
This is not the first time this particular category emerged as a surprise top spending category: both two and three years ago, in Q1 of 2016 and then again in Q1 of 2017, Americans inexplicably again splurged on RVs.
If it wasn't for the inexplicable splurge on RVs, GDP would have missed expectations of a 1.8% increase. A farcical surge in RV purchases!
Just two days ago we reported that the RV industry has taken a massive blow from President Trump's tariffs on steel and aluminum and other retaliatory duties on thousands of Chinese-made RV parts, from electronics to LED lights to vinyl.
Indeed, at the micro, bottom-up level, domestic shipments of RVs to dealers plummeted 22% in the first five months of this year, compared to the same period last year, after dropping 4% in 2018, according to the Recreational Vehicle Industry Association. As we added "the RV industry's crisis shows how President Trump's trade war has backfired, hurting the industry he promised to protect."
Tariff-related price hikes have forced RV manufacturers to pass on costs to dealerships, which in turn the American consumer bears the brunt of the tariff, has slowed sales at dealers who are cutting orders and laying off workers.
The collapse in RV shipments could in fact indicate a wider economic downturn. Shipments had fallen sharply just before the last three U.S. recessions. The RV industry is a great bellwether of the economy, because the vehicles are an expensive and discretionary purchase, easily delayed by consumers who start to worry about their financial stability.
The “paradox”: while RV sales are crashing, the Bureau of Economic Analysis (i.e., the US government), used this very data set to represent that the US consumer is not only alive and well, but spending more than at any time in the past 5 years!
Surely when looking at such grotesque data manipulation, we can only stand in silent awe and watch as the US shows the world how data fudging is truly done - when the U.S. president has a political axe to grind and will steamroll any and all data just to prove that “America is great again”.
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Перед нами - коварный и опасный мошенник, расист, лжец и фашист Дональд Трамп, порочный Конгресс, нацистские ФБР - ЦРУ, кровавые милитаристы США и НАТО >>> а также и лживые, вредоносные американские СМ»И».
Нынешние киевские власти — фашистские агенты американского империализма... Именно то, чего хотят Трамр/ США и в Венесуэле!
А также в Иране. А также в Cирии. Затем и в России!
/////////////////////////////////////////////
Правительство США жестоко нарушало мои права человека при проведении кампании террора, которая заставила меня покинуть свою родину и получить политическое убежище в СССР. См. книгу «Безмолвный террор — История политических гонений на семью в США» - "Silent Terror: One family's history of political persecution in the United States» - arnoldlockshin.wordpress.com
Правительство США еще нарушает мои права, за 15 лет отказывается от выплаты причитающейся мне пенсии по старости. Властители США воруют пенсию!!
ФСБ - Федеральная служба «безопасности» России - вслед за позорным, предавшим страну предшественником КГБ, мерзко выполняет приказы секретного, кровавого хозяина (boss) - американского ЦРУ (CIA). Среди таких «задач» - мне запретить выступать в СМИ и не пропускать отправленных мне комментариев. А это далеко, далеко не всё...
Арнольд Локшин, политэмигрант из США
BANNED – ЗАПРЕЩЕНО!!
ЦРУ - ФСБ забанили все мои посты, комментарии в Вконтакте, в Макспарке, в Facebook (“a dangerous account — your post goes against our Community Standards so only you can see it”), в Twitter (“Your account is suspended and is not permitted to perform this action”), в Medium.com... и удаляют ещё много других моих постов!
Dictatorship USA – Run By A Plundering and Murderous Ruling Class — 2019 (599)
Big Economic Lies of the Trump Administration
ZeroHedge, July 26, 2019
Q2 GDP (quarter 2 U.S. Gross Domestic Product) printed far stronger than expected, with US households going on an all-out spending spree and at 2.85%, or contributing 138% of the bottom line 2.1% GDP print, personal consumption soared an annualized 4.3%, the strongest print going back to 2014!
We decided to take a look at what Americans supposedly spent the most money on in Q2, to find the source of this unexpected spending splurge. What we first found is that, unlike most quarters when there was a decline in spending in at least one category, in Q2 spending actually increased in every single category across goods and services.
A big surprise was that at a time when auto dealers continue to report declining auto sales on a Y/Y (year over year) basis, spending on motor vehicles and parts somehow increased by $19.7 billion in the quarter.
But what was the main driver of spending in the second quarter? Well, for some inexplicable reason, in Q2 the American consumer was scrambling to buy... recreational vehicles!?
This is not the first time this particular category emerged as a surprise top spending category: both two and three years ago, in Q1 of 2016 and then again in Q1 of 2017, Americans inexplicably again splurged on RVs.
If it wasn't for the inexplicable splurge on RVs, GDP would have missed expectations of a 1.8% increase. A farcical surge in RV purchases!
Just two days ago we reported that the RV industry has taken a massive blow from President Trump's tariffs on steel and aluminum and other retaliatory duties on thousands of Chinese-made RV parts, from electronics to LED lights to vinyl.
Indeed, at the micro, bottom-up level, domestic shipments of RVs to dealers plummeted 22% in the first five months of this year, compared to the same period last year, after dropping 4% in 2018, according to the Recreational Vehicle Industry Association. As we added "the RV industry's crisis shows how President Trump's trade war has backfired, hurting the industry he promised to protect."
Tariff-related price hikes have forced RV manufacturers to pass on costs to dealerships, which in turn the American consumer bears the brunt of the tariff, has slowed sales at dealers who are cutting orders and laying off workers.
The collapse in RV shipments could in fact indicate a wider economic downturn. Shipments had fallen sharply just before the last three U.S. recessions. The RV industry is a great bellwether of the economy, because the vehicles are an expensive and discretionary purchase, easily delayed by consumers who start to worry about their financial stability.
The “paradox”: while RV sales are crashing, the Bureau of Economic Analysis (i.e., the US government), used this very data set to represent that the US consumer is not only alive and well, but spending more than at any time in the past 5 years!
Surely when looking at such grotesque data manipulation, we can only stand in silent awe and watch as the US shows the world how data fudging is truly done - when the U.S. president has a political axe to grind and will steamroll any and all data just to prove that “America is great again”.
//////////////////////////////////////
Перед нами - коварный и опасный мошенник, расист, лжец и фашист Дональд Трамп, порочный Конгресс, нацистские ФБР - ЦРУ, кровавые милитаристы США и НАТО >>> а также и лживые, вредоносные американские СМ»И».
Нынешние киевские власти — фашистские агенты американского империализма... Именно то, чего хотят Трамр/ США и в Венесуэле!
А также в Иране. А также в Cирии. Затем и в России!
/////////////////////////////////////////////
Правительство США жестоко нарушало мои права человека при проведении кампании террора, которая заставила меня покинуть свою родину и получить политическое убежище в СССР. См. книгу «Безмолвный террор — История политических гонений на семью в США» - "Silent Terror: One family's history of political persecution in the United States» - arnoldlockshin.wordpress.com
Правительство США еще нарушает мои права, за 15 лет отказывается от выплаты причитающейся мне пенсии по старости. Властители США воруют пенсию!!
ФСБ - Федеральная служба «безопасности» России - вслед за позорным, предавшим страну предшественником КГБ, мерзко выполняет приказы секретного, кровавого хозяина (boss) - американского ЦРУ (CIA). Среди таких «задач» - мне запретить выступать в СМИ и не пропускать отправленных мне комментариев. А это далеко, далеко не всё...
Арнольд Локшин, политэмигрант из США
BANNED – ЗАПРЕЩЕНО!!
ЦРУ - ФСБ забанили все мои посты, комментарии в Вконтакте, в Макспарке, в Facebook (“a dangerous account — your post goes against our Community Standards so only you can see it”), в Twitter (“Your account is suspended and is not permitted to perform this action”), в Medium.com... и удаляют ещё много других моих постов!