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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I wrote some of my early holiday expectations here. Here

A few quick thoughts on the holiday shopping season: November

In The Short View in yesterday’s FT James Mackintosh writes