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Here's a truism of economic news.

Those numbers you see in the headlines, often not the whole story.

From American public media, this is Marketplace.

In Los Angeles, I'm Kyle Rizdole, Wednesday, today, the 30th of August, good as always

to have you along, everybody.

We measure this economy and by we, I mean the good people at the Bureau of Economic Analysis,

they measure it quarterly, once every three months is the official number.

But every single month they get to go back to the prior quarter and have another bite

at the Apple.

A chance to review their preliminary guess before they put in their final estimate.

Anyway, today was that day, revision day, and the headline number does not look so great.

The BEA now says the economy grew at an annualized rate of 2.1% April through June.

That is down from 2.4% in the first estimate.

The details though, do look a bit better.

The Fed's favorite measure of inflation was revised down a bit.

Personal income and personal savings were both revised up.

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