The Impact of the iPhone5 on the US Economy

J.P. Morgan’s chief economist, Michael Feroli, estimated sales of the iPhone5 could boost annualized GDP growth in calendar Q4 by 0.25 to 0.5 percentage points.  You can read more here.

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You can see my previous holiday expectations and analysis here:

I have always traveled. I grew-up an Army Brat (Horrah!)

One night last week I found myself weighed down with