Q from @neilirwin.bsky.social: PDFP in the GDP report this AM was weakest since 2022, is that not a sign of tight policy?
A: Gotta look at the whole picture. Labor market is still in balance. Both demand and supply for workers are coming down at the same pace.
[Chart of PDFP in pic]
A: Gotta look at the whole picture. Labor market is still in balance. Both demand and supply for workers are coming down at the same pace.
[Chart of PDFP in pic]
July 30, 2025 at 6:42 PM
Q from @neilirwin.bsky.social: PDFP in the GDP report this AM was weakest since 2022, is that not a sign of tight policy?
A: Gotta look at the whole picture. Labor market is still in balance. Both demand and supply for workers are coming down at the same pace.
[Chart of PDFP in pic]
A: Gotta look at the whole picture. Labor market is still in balance. Both demand and supply for workers are coming down at the same pace.
[Chart of PDFP in pic]
Yes, there will be a tendency to look at the 1.5% Q2 GDP growth QoQ and call it weak but...
We have final sales to private domestic purchasers (PDFP, a favorite of former Fed Chair Jay Powell) up 3.9% QoQ, its strongest rate of growth since Q1 2023
We have final sales to private domestic purchasers (PDFP, a favorite of former Fed Chair Jay Powell) up 3.9% QoQ, its strongest rate of growth since Q1 2023
July 30, 2026 at 1:17 PM
Yes, there will be a tendency to look at the 1.5% Q2 GDP growth QoQ and call it weak but...
We have final sales to private domestic purchasers (PDFP, a favorite of former Fed Chair Jay Powell) up 3.9% QoQ, its strongest rate of growth since Q1 2023
We have final sales to private domestic purchasers (PDFP, a favorite of former Fed Chair Jay Powell) up 3.9% QoQ, its strongest rate of growth since Q1 2023
The caveat I would add, though, is that a capex boom in which net exports are a fairly large drag on growth might be precisely the time where you’d want to maybe discount PDFP strength just a little
July 30, 2026 at 1:22 PM
The caveat I would add, though, is that a capex boom in which net exports are a fairly large drag on growth might be precisely the time where you’d want to maybe discount PDFP strength just a little
All of Us together can fight these KKKorporate KKKapitalists Fat piggies...
PDFP
PDFP
March 11, 2025 at 7:39 PM
All of Us together can fight these KKKorporate KKKapitalists Fat piggies...
PDFP
PDFP
and I continue my quest to put "PDFP" into Canadian context
it looks bad in Q3
it looks bad in Q3
November 28, 2025 at 1:54 PM
and I continue my quest to put "PDFP" into Canadian context
it looks bad in Q3
it looks bad in Q3
Fed's Powell Says PDFP (Excluding Net Exports) Increased Steadily 📈, But Sentiment Dipped Due to Trade Policy Issues 😕.
June 18, 2025 at 6:33 PM
Fed's Powell Says PDFP (Excluding Net Exports) Increased Steadily 📈, But Sentiment Dipped Due to Trade Policy Issues 😕.
In this Canada GDP report, I tried to give a less gloomy outlook...
For example, if we follow the Fed's and other US analysts' way to calculated the private domestic final purchases (PDFP) as an alternative measure focusing on local demand, Canada obviously had a strong Q2
A 2.8% annualized growth
For example, if we follow the Fed's and other US analysts' way to calculated the private domestic final purchases (PDFP) as an alternative measure focusing on local demand, Canada obviously had a strong Q2
A 2.8% annualized growth
August 30, 2025 at 1:52 PM
In this Canada GDP report, I tried to give a less gloomy outlook...
For example, if we follow the Fed's and other US analysts' way to calculated the private domestic final purchases (PDFP) as an alternative measure focusing on local demand, Canada obviously had a strong Q2
A 2.8% annualized growth
For example, if we follow the Fed's and other US analysts' way to calculated the private domestic final purchases (PDFP) as an alternative measure focusing on local demand, Canada obviously had a strong Q2
A 2.8% annualized growth
Or hyperlinks. Or tables.
Actually getting all of your stuff from a PDF file can be complex. But it looks like it could be done if you parse the object list.
Here is the project link:
pypi.org/project/pdfp...
Actually getting all of your stuff from a PDF file can be complex. But it looks like it could be done if you parse the object list.
Here is the project link:
pypi.org/project/pdfp...
pdfplumber
Plumb a PDF for detailed information about each char, rectangle, and line.
pypi.org
November 2, 2025 at 11:37 PM
Or hyperlinks. Or tables.
Actually getting all of your stuff from a PDF file can be complex. But it looks like it could be done if you parse the object list.
Here is the project link:
pypi.org/project/pdfp...
Actually getting all of your stuff from a PDF file can be complex. But it looks like it could be done if you parse the object list.
Here is the project link:
pypi.org/project/pdfp...
TW: NSFW Account
Okay, eu decidi tentar novamente. Mas provavelmente vai ser uma coisa lenta e gradual. Não vou divulgar essa conta depois (não desse jeito pelo menos)
bsky.app/profile/pdfp...
Okay, eu decidi tentar novamente. Mas provavelmente vai ser uma coisa lenta e gradual. Não vou divulgar essa conta depois (não desse jeito pelo menos)
bsky.app/profile/pdfp...
bsky.app
November 26, 2024 at 6:17 PM
TW: NSFW Account
Okay, eu decidi tentar novamente. Mas provavelmente vai ser uma coisa lenta e gradual. Não vou divulgar essa conta depois (não desse jeito pelo menos)
bsky.app/profile/pdfp...
Okay, eu decidi tentar novamente. Mas provavelmente vai ser uma coisa lenta e gradual. Não vou divulgar essa conta depois (não desse jeito pelo menos)
bsky.app/profile/pdfp...
Remember you can get most of my books as free pdfs on my website.
Enjoy.
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Enjoy.
nathanandersonwriting.home.blog/books/
Books
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nathanandersonwriting.home.blog
March 6, 2024 at 10:42 PM
Remember you can get most of my books as free pdfs on my website.
Enjoy.
nathanandersonwriting.home.blog/books/
Enjoy.
nathanandersonwriting.home.blog/books/
Norm, i value your superlative/salient analysis however, i do have one query&perhaps you can assist thus: I HAVE A REALLY HARD TIME WRAPPING MY BRAIN AROUND "POLLING"BCUZ, LAST WEEK,IN ANOTHER"POLL"THE "DESPOT"WAS@29% SO, MY INTERROGATIVE,how much did he #$PDFP the"WSJ"for an f-n 8% #$BUMP, jus askin?
September 28, 2026 at 5:17 PM
Norm, i value your superlative/salient analysis however, i do have one query&perhaps you can assist thus: I HAVE A REALLY HARD TIME WRAPPING MY BRAIN AROUND "POLLING"BCUZ, LAST WEEK,IN ANOTHER"POLL"THE "DESPOT"WAS@29% SO, MY INTERROGATIVE,how much did he #$PDFP the"WSJ"for an f-n 8% #$BUMP, jus askin?
Hey, private domestic demand (PDFP) is still very strong~~
anyone? 🤓
anyone? 🤓
April 30, 2025 at 12:38 PM
Hey, private domestic demand (PDFP) is still very strong~~
anyone? 🤓
anyone? 🤓
#VesselAlert
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 27-Jun-2026 18:20:25 CEST
Status: #under_way_using_engine
Speed: 0.2 kts
Heading: 279 deg
Dest.: PLSZZ
Distance: 121.3 nm
Signal #RSSI: 0.0 dBFS
#Ship #AIS VesselAlert © #kx1t - link
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 27-Jun-2026 18:20:25 CEST
Status: #under_way_using_engine
Speed: 0.2 kts
Heading: 279 deg
Dest.: PLSZZ
Distance: 121.3 nm
Signal #RSSI: 0.0 dBFS
#Ship #AIS VesselAlert © #kx1t - link
June 27, 2026 at 4:22 PM
#VesselAlert
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 27-Jun-2026 18:20:25 CEST
Status: #under_way_using_engine
Speed: 0.2 kts
Heading: 279 deg
Dest.: PLSZZ
Distance: 121.3 nm
Signal #RSSI: 0.0 dBFS
#Ship #AIS VesselAlert © #kx1t - link
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 27-Jun-2026 18:20:25 CEST
Status: #under_way_using_engine
Speed: 0.2 kts
Heading: 279 deg
Dest.: PLSZZ
Distance: 121.3 nm
Signal #RSSI: 0.0 dBFS
#Ship #AIS VesselAlert © #kx1t - link
but PDFP, a guage of local demand, is not too bad. Mostly because consumption is still strong
February 20, 2026 at 1:51 PM
but PDFP, a guage of local demand, is not too bad. Mostly because consumption is still strong
Fed's recent favorite measure (also Peter Navarro's last quarter) — PDFP is obviously slowing though...
(hey, time to cut!!)
(hey, time to cut!!)
July 30, 2025 at 12:42 PM
Fed's recent favorite measure (also Peter Navarro's last quarter) — PDFP is obviously slowing though...
(hey, time to cut!!)
(hey, time to cut!!)
#VesselAlert
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 13-Jul-2026 05:19:12 CEST
Status: #under_way_using_engine
Speed: 6.1 kts
Heading: 78 deg
Dest.: NLRTM
Distance: 96.5 nm
Signal #RSSI: -15.7 dBFS
#Ship #AIS VesselAlert © #kx1t - link
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 13-Jul-2026 05:19:12 CEST
Status: #under_way_using_engine
Speed: 6.1 kts
Heading: 78 deg
Dest.: NLRTM
Distance: 96.5 nm
Signal #RSSI: -15.7 dBFS
#Ship #AIS VesselAlert © #kx1t - link
July 13, 2026 at 3:23 AM
#VesselAlert
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 13-Jul-2026 05:19:12 CEST
Status: #under_way_using_engine
Speed: 6.1 kts
Heading: 78 deg
Dest.: NLRTM
Distance: 96.5 nm
Signal #RSSI: -15.7 dBFS
#Ship #AIS VesselAlert © #kx1t - link
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 13-Jul-2026 05:19:12 CEST
Status: #under_way_using_engine
Speed: 6.1 kts
Heading: 78 deg
Dest.: NLRTM
Distance: 96.5 nm
Signal #RSSI: -15.7 dBFS
#Ship #AIS VesselAlert © #kx1t - link
This is one argument against using PDFP anymore then? Good that the Fed chief stopped using anything now
The GDP data were another reminder that a lot of America's AI boom leaks into the RoW via rising imports. Its like a huge fiscal stimulus with a really crap multiplier
July 30, 2026 at 2:18 PM
This is one argument against using PDFP anymore then? Good that the Fed chief stopped using anything now
Altered States 2
YouTube video by Mike Whitney & Borderline Behavior
www.youtube.com
April 24, 2025 at 1:09 PM
PDFP -wise, the US Economy was more like maintaining resiliency
so this quarter is good in both domestic demand and external trade fronts
so this quarter is good in both domestic demand and external trade fronts
December 23, 2025 at 2:06 PM
PDFP -wise, the US Economy was more like maintaining resiliency
so this quarter is good in both domestic demand and external trade fronts
so this quarter is good in both domestic demand and external trade fronts
Awesome Fight back
Organize Coordinate Protest Boycott = Justice Now
Stop KKKorporate, Fascist KKKapitalist, Fat, Rich Piggies... Who pay no taxes.
PDFP
Organize Coordinate Protest Boycott = Justice Now
Stop KKKorporate, Fascist KKKapitalist, Fat, Rich Piggies... Who pay no taxes.
PDFP
March 11, 2025 at 7:42 PM
Awesome Fight back
Organize Coordinate Protest Boycott = Justice Now
Stop KKKorporate, Fascist KKKapitalist, Fat, Rich Piggies... Who pay no taxes.
PDFP
Organize Coordinate Protest Boycott = Justice Now
Stop KKKorporate, Fascist KKKapitalist, Fat, Rich Piggies... Who pay no taxes.
PDFP
Un jeune homme de 17 ans héliporté jusqu’au CHU après un accident de la route dans cette commune de Loire-Atlantique | Presse Océan
➡️ https://l.ouest-france.fr/pdfP
#Nantes
➡️ https://l.ouest-france.fr/pdfP
#Nantes
June 25, 2026 at 12:08 PM
Un jeune homme de 17 ans héliporté jusqu’au CHU après un accident de la route dans cette commune de Loire-Atlantique | Presse Océan
➡️ https://l.ouest-france.fr/pdfP
#Nantes
➡️ https://l.ouest-france.fr/pdfP
#Nantes
pdfplumber
Plumb a PDF for detailed information about each char, rectangle, and line.
pypi.org
December 23, 2025 at 5:50 AM
Particularly, private domestic final purchases (PDFP), which chair Powell stated was a "narrower but better signal for the future" was revised up by almost a full percent. #Economy #EconomicGrowth #GDPRevision #ConsumptionTrends #MacroEconomics
September 27, 2025 at 7:24 PM
Particularly, private domestic final purchases (PDFP), which chair Powell stated was a "narrower but better signal for the future" was revised up by almost a full percent. #Economy #EconomicGrowth #GDPRevision #ConsumptionTrends #MacroEconomics
美联储主席鲍威尔表示，美国经济整体稳健，就业市场接近最大就业，通胀虽仍高于2%目标，但已有显著回落。联邦公开市场委员会决定将联邦基金利率维持在4.25%-4.5%不变，并继续缩表。尽管第一季度GDP因企业抢进口而短暂下滑，私人最终需求（PDFP）仍增长3%。然而，因川普政府大幅加征关税，经济前景面临高度不确定性，通胀和失业的双重风险上升。美联储警告，若关税全面生效，可能导致通胀上行与经济放缓并存，意味着“你可能同时面临物价上涨与失业”。这将迫使家庭在食物、住房和医疗等基本生存需求之间做出艰难取舍。
Federal Reserve Chair Jerome Powell speaks as Fed holds interest rates steady — 5/7/2025
YouTube video by CNBC Television
www.youtube.com
May 7, 2025 at 8:28 PM
美联储主席鲍威尔表示，美国经济整体稳健，就业市场接近最大就业，通胀虽仍高于2%目标，但已有显著回落。联邦公开市场委员会决定将联邦基金利率维持在4.25%-4.5%不变，并继续缩表。尽管第一季度GDP因企业抢进口而短暂下滑，私人最终需求（PDFP）仍增长3%。然而，因川普政府大幅加征关税，经济前景面临高度不确定性，通胀和失业的双重风险上升。美联储警告，若关税全面生效，可能导致通胀上行与经济放缓并存，意味着“你可能同时面临物价上涨与失业”。这将迫使家庭在食物、住房和医疗等基本生存需求之间做出艰难取舍。
#VesselAlert
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 18-May-2025 12:07:37 CEST
Status: #under_way_using_engine
Speed: 11.4 kts
Heading: 71 deg
Dest.: PLSZZ
Distance: 27.2 nm
Signal #RSSI: -20.1 dBFS
#Ship #AIS VesselAlert © #kx1t - link
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 18-May-2025 12:07:37 CEST
Status: #under_way_using_engine
Speed: 11.4 kts
Heading: 71 deg
Dest.: PLSZZ
Distance: 27.2 nm
Signal #RSSI: -20.1 dBFS
#Ship #AIS VesselAlert © #kx1t - link
May 18, 2025 at 10:07 AM
#VesselAlert
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 18-May-2025 12:07:37 CEST
Status: #under_way_using_engine
Speed: 11.4 kts
Heading: 71 deg
Dest.: PLSZZ
Distance: 27.2 nm
Signal #RSSI: -20.1 dBFS
#Ship #AIS VesselAlert © #kx1t - link
Name: #HEYN
#MMSI: #244130642
Callsign: #PDFP
Type: #Cargo
#Flag: #Netherlands
Seen: 18-May-2025 12:07:37 CEST
Status: #under_way_using_engine
Speed: 11.4 kts
Heading: 71 deg
Dest.: PLSZZ
Distance: 27.2 nm
Signal #RSSI: -20.1 dBFS
#Ship #AIS VesselAlert © #kx1t - link