
So I posed the following question to “Davidson” during one of our conversations. “Is the economy growing faster than we think?” ….. “Is the change to a more digital economy causing us to “miss” growth?”
“Davidson”
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Now, that being said, there are two components of GDP, public and private. Davidson points out below that public GDP is contracting and private is accelerating….this is where the perception that “things are better than GDP indicates” comes from.
Digital Economy
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