Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 02/28/2014 6:54:05 AM PST by SeekAndFind
[ Post Reply | Private Reply | View Replies ]


To: SeekAndFind

Isn’t that a fairly large difference for a GDP revision?


2 posted on 02/28/2014 6:56:56 AM PST by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

When is the last time they raised a previous estimate after the period was over?

Hmm?


3 posted on 02/28/2014 6:57:35 AM PST by cicero2k
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind
"Once the weather effects begin to unwind in the second quarter, however, we would anticipate a pick-up in GDP growth to nearer 3 percent over the remaining three quarters of this year," Ashworth said in a note.

Yep, that darn weather will get you every time. Sure has been a lot of weather influenced economics since 2008.

4 posted on 02/28/2014 6:58:12 AM PST by Right Brother
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

They forgot to mention in the headline that this was “unexpected.”


6 posted on 02/28/2014 6:58:52 AM PST by MNGal
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

That’s off the mark by trillions of GDP right?


7 posted on 02/28/2014 7:00:04 AM PST by tellw
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

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.


9 posted on 02/28/2014 7:01:57 AM PST by EBH ( The Day of the Patriot has arrived.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

By DEFUNDING socialist collectives, you are FUNDING/strengthening your own position/survival.

DEFUND/DISMANTLE

FED up?

IDP - Individual’s Defended Position / FReedom BUMP!


15 posted on 02/28/2014 7:27:00 AM PST by PGalt
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind
...revising down its initial estimate of a 3.2 percent increase in the nation's economic performance.

They danced all over the media when that 3.2 was announced. Now you won't hear a peep..................

17 posted on 02/28/2014 7:28:42 AM PST by Red Badger (LIberal is an oxymoron......................)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

We’re Going Galt on Barry at an accelerating rate.


21 posted on 02/28/2014 7:55:14 AM PST by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies ]

To: SeekAndFind

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.


24 posted on 02/28/2014 8:12:14 AM PST by Deo volente (God willing, America shall survive this Obamanation.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: FReepers
Take FR Across The Finish Line


Click The Runner To Donate

25 posted on 02/28/2014 8:15:40 AM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson