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US GDP unexpectedly contracted at a 1.4% annualized rate in Q1
Yahoo ^ | 04/28/2022 | Emily McCormick

Posted on 04/28/2022 5:40:29 AM PDT by Houserino

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To: Houserino

I don’t see a housing crash in the near future. Ironically, high inflation rates will help prop up the real estate market because the cost of renting is escalating, too.


41 posted on 04/28/2022 8:14:01 AM PDT by Alberta's Child ("Mr. Potato Head ... Mr. Potato Head! Back doors are not secrets.")
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To: Houserino

-1.4%


42 posted on 04/28/2022 8:27:14 AM PDT by cranked
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To: Houserino
GDP INCLUDES government spending. FEDGOV has slowed spending (as have locals and states) on Covid. I wonder what the actual economy looked like without the heavy wallet of government.


43 posted on 04/28/2022 8:33:45 AM PDT by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves)
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To: mewzilla

It is also transitory. They will say.


44 posted on 04/28/2022 8:50:19 AM PDT by phormer phrog phlyer
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To: Houserino

“unexpectedly” that’s rich!


45 posted on 04/28/2022 10:17:55 AM PDT by jmaroneps37
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