You Can’t Trust the Usual Gauges on This Economy

Comparisons with potential GDP show the U.S. overheating. That does not compute.

Bloomberg Opinion
Nov 1, 2017 · 4 min read
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Photo by Bryan R. Smith/AFP/Getty Images.

By Conor Sen

You can tell a happy story with the headline numbers from last week’s estimate of third-quarter GDP growth. But a closer reading is troubling.

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