Isn’t that a fairly large difference for a GDP revision?
When is the last time they raised a previous estimate after the period was over?
Hmm?
Yep, that darn weather will get you every time. Sure has been a lot of weather influenced economics since 2008.
They forgot to mention in the headline that this was “unexpected.”
That’s off the mark by trillions of GDP right?
I heard an interesting factoid yesterday...
People getting tax refunds this year plan to use the money to pay on existing loans or credit card bills.
I found that interesting in that they are NOT doing what they normally do with the ‘extra’ windfall from the government, which is spend it on consumer goods. So the money won’t be having any influence on the economy.
It also seems to me to indicate a real lack of confidence.
By DEFUNDING socialist collectives, you are FUNDING/strengthening your own position/survival.
DEFUND/DISMANTLE
FED up?
IDP - Individual’s Defended Position / FReedom BUMP!
They danced all over the media when that 3.2 was announced. Now you won't hear a peep..................
We’re Going Galt on Barry at an accelerating rate.
Yet the stock market is soaring, the S&P closing at new record highs almost every day, etc.
Something is not right with this picture.