I believe this is due to a surge in imports in response to looming tariffs - supply chains are trying to stockpile before they hit. I am skeptical that this stockpiling is significantly displacing real investment.
The way that the figures are calculated views imports as a negative factor to GDP (because NET exports is an input to the model). Please correct me if I am wrong.
The way that the figures are calculated views imports as a negative factor to GDP (because NET exports is an input to the model). Please correct me if I am wrong.
In any event, view the headline with suspicion.