"After dipping below 1% in the first quarter, real GDP already appears well on its way to exceed 3% in the second quarter - a little above its trend rate. A dramatic drawdown in inventories, in particular, left production with nowhere to go but up. Even automakers, which have been draining inventories for a year, are now scrambling to restock dealer lots," says Diane Swonk, chief economist of Mesirow Financial, in her June edition of Themes on the Economy.