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Atlanta Fed: Q2 GDP estimate rises to 4.8% from 4.6%
Fixstreet ^ | 15 June 2018 | Eren Sengezer

Posted on 06/15/2018 6:05:00 AM PDT by Alas Babylon!

"The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.8 percent on June 14, up from 4.6 percent on June 8," the Federal Reserve Bank of Atlanta said in its latest GDPNow report on Thursday.

After this morning's retail sales release from the U.S. Census Bureau, the nowcast of second-quarter real personal consumption expenditures growth increased from 3.4 percent to 3.6 percent. The next GDPNow update is scheduled to be released on Tuesday, June 19.


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: gdp; growing; winning
Still winning!

I hope this continues to bring more jobs to the country. Employed people pay taxes; taxpayers don't vote for socialism.

1 posted on 06/15/2018 6:05:00 AM PDT by Alas Babylon!
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To: Alas Babylon!

But . . . but . . . the “experts” said Trump was crazy and that GDP growth would never recover.


2 posted on 06/15/2018 6:13:46 AM PDT by Arm_Bears (Hey, Rocky--Watch me pull a rabbit out of my hat!)
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To: Alas Babylon!

that’s going to juice the stock market


3 posted on 06/15/2018 6:13:49 AM PDT by ckilmer (q e)
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Comment #4 Removed by Moderator

To: Alas Babylon!

Fake news. It can’t get above 3. /s


5 posted on 06/15/2018 7:34:00 AM PDT by pas
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To: Alas Babylon!

The Regressives are right. They are to be acknowledged for this growth due to their votes for O’Ahole.


6 posted on 06/15/2018 7:38:53 AM PDT by gathersnomoss (Regressive Swamp Dwellers)
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To: ping jockey

Yup! Lots of other good economy news on the Fixstreet site, too.

Glad I found it (Thru Drudge)!


7 posted on 06/15/2018 7:47:43 AM PDT by Alas Babylon! (MAGAMarchOnWashington.com)
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To: Alas Babylon!

“I hope this continues to bring more jobs to the country. Employed people pay taxes; taxpayers don’t vote for socialism.”

You really think they connect the two?

Look at the Bay Area, a place with one of the lowest unemployment rate and highest salaries and yet the most liberal/socialist place in the country.


8 posted on 06/15/2018 8:31:09 AM PDT by aquila48
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To: aquila48

Dang it! You and your logic...

That’s because they, unlike the Midwesterners, have not lost all their good jobs and watched in dismay as the democrats poo-pooed their plight...

But I get the point.


9 posted on 06/15/2018 11:19:24 AM PDT by Alas Babylon! (MAGAMarchOnWashington.com)
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