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August 29, 2013 at 10:06 AM

Looking behind the GDP revision

Posted by Jon Talton

The markets have stabilized for now. One thing is certain: It has more to do with the pause in America’s march to yet another Middle East war than today’s revision in gross domestic product. The Commerce Department said today that GDP grew at 2.5 percent in the second quarter, as opposed to the 1.7…

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