GDP Data Q4 2012

Things are not going so well, and that is an understatement. Over the last four years we have been tracking the projected recovery which has not appeared, despite the wonderful economists we have.

The GDP is stalled at best and declining slightly in reality. One more decline and we are back in a Recession.

Government spending is as above. The changes by quarter are below:

Yes Defense is cutting back but that is what we anticipated. But nothing else is really growing here. On the consumer side we have:

and its percent changes are below:

These are somewhat better but not really a recovery.

The overall trend are downward and we are fearful of a 2013 collapse.