U.S. Economy Grew at 2.7% Rate, More Than First Estimated

[FBaggins]

10. You read too much in to that.

This doesn't compare one quarter to a previous one... it's an adjustment to an already-reported figure.

I haven't reviewed the release, but reportedly consumer spending was lower than previously reported.

Inventory growth is also of variable import depending on whether it is gains from unconsumed expected demand or prebuilding for increasing demand.

True... but one way to tell the difference is how spending compares to projections. It's only evidence, not proof... but that's what we've got.