πŸ“ˆ TKer by Sam Ro

πŸ“ˆ TKer by Sam Ro

Share this post

πŸ“ˆ TKer by Sam Ro
πŸ“ˆ TKer by Sam Ro
What does the negative GDP report really tell us? πŸ€”
Copy link
Facebook
Email
Notes
More

What does the negative GDP report really tell us? πŸ€”

A few thoughts regarding an ambiguous headline metric πŸ‡ΊπŸ‡Έ

Sam Ro, CFA's avatar
Sam Ro, CFA
Apr 30, 2025
βˆ™ Paid
16

Share this post

πŸ“ˆ TKer by Sam Ro
πŸ“ˆ TKer by Sam Ro
What does the negative GDP report really tell us? πŸ€”
Copy link
Facebook
Email
Notes
More
2
1
Share

As always, we should be wary of gross domestic product (GDP), because its calculation has counterintuitive components and the headline number can send ambiguous signals.

On Wednesday, the Bureau of Economic Analysis (BEA) estimated that real GDP contracted at a 0.3% rate in Q1. This is down from the +2.4% growth rate in Q4 2024.

GDP growth flipped negative for the first time since 2022. (Source: BEA)

There’s lots of great analysis and commentary that’s been published online already. For your convenience, I’ll sum up some key points here.

Keep reading with a 7-day free trial

Subscribe to πŸ“ˆ TKer by Sam Ro to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
Β© 2025 Samuel Ro
Privacy βˆ™ Terms βˆ™ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More