Consumer Metrics Institute: BEA 2nd Quarter 2015 GDP Growth Figure Rests on Questionable GDP Deflator

http://www.consumerindexes.com/2015-08-27_commentary.html

A significant portion of the "solid growth" in this headline number could be the result of understated BEA inflation data. Using deflators from the BLS results in a more modest 2.33% growth rate. And using deflators from the Billion Prices Project puts the growth rate even lower, at 1.28%. ... All that said, we have -- on the official record -- solid economic growth and 5.3% unemployment. What more could Ms. Yellen want? ''