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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: George K. who wrote (78761)6/3/2007 3:14:03 PM
From: Les HRead Replies (1) of 306849
 
I recall that they need at least 3 percent real GDP growth to extrapolate 150,000 new jobs from the small business birth/death model. The current figures for the birth/death model appear to inflating headline job figures given Q1 real GDP grew by just 0.6 percent. My guess is they get backed out next January when they do the annual adjustment.

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