FYoY chart below. We're up about $44B YoY with one more statement-day to report. This is an easy YoY comp as last FY the "shutdown" resulted in a unique drop-off of around $35B in Q1.
To look at the FY2013 comparison for example, we are actually DOWN by $9B, YoYoY at the same point.
Enough to maintain output, employment and corporate profits at basically the current levels with a very slight upward bias.
No comments:
Post a Comment