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re: Often-touted Atlanta Fed GDPNow projection has some bad news for 3Q
Posted on 9/15/17 at 4:03 pm to GumboPot
Posted on 9/15/17 at 4:03 pm to GumboPot
quote:
Two hurricanes in very populated areas of the nation.
Oh please. Two hurricanes aren't going to cut growth in half. Especially when government recovery spending on the order of $15 billion (and then some) is a component of GDP. There were weaknesses elsewhere before the storms hit.
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