Ignore US government economy data – base your business decisions on actual data | Gene Marks

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The US reported the GDP bounced back – but at best it’s preliminary data that’s revised multiple times. Info from the top two payroll services are a better betTrying to figure out the future in the current climate is enough to give you a migraine. Where is the economy heading? Should you take risks or circle the wagons? Can you hire and spend or do you need to cut overhead and retract? People are relying on you to make the right decisions. But unfortunately, the data which most of us receive is not very helpful.For example, this week the US reported gross domestic product (GDP) – the b ...

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