Boosted business to service (B2B) task is anticipated to boost gdp by a "significant" amount this year, said Mark Skousen, editor-in-chief of Projections & Strategies.
What you found for the 4th quarter [GDP data] that was just launched is that the supply chain is growing significantly faster than final result or intake by the last customers. That's a really positive indicator. That's an indicator that the manufacturers in the economic situation, along the supply chain, are actually choosing, suggesting that usage is going to enhance, as well as it's a great leading sign," he stated. "It shows that the following quarter of GDP [growth] is going to be instead substantial."
0:00 – Gross outcome vs. gross domestic product
5:29 – Skousen B2B index
7:41 – Which sectors will exceed?
11:42 – Bankruptcies?
12:55 – Biden's framework strategy
18:18 – FreedomFest
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