- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
GDP shows economy slows to 1.9% growth Q4 of 2016
Posted on 1/27/17 at 1:20 pm
Posted on 1/27/17 at 1:20 pm
quote:
WASHINGTON (MarketWatch) — The U.S. economy’s expansion slowed in the fourth quarter, and annual growth failed to reach 3% for an 11th straight year, reflecting the huge hurdles the Trump administration faces in trying to speed up a 7½-year-old expansion.
quote:
Gross domestic product, the official score card for the economy, expanded at a 1.9% annual clip from October to December, the Commerce Department said. That’s a marked drop from a 3.5% growth rate in the third quarter and below the 2.2% MarketWatch-compiled consensus.
LINK
9
Posted on 1/27/17 at 1:21 pm to pistolpete23
TRUMP is inheriting Obama's shitty economy.
Posted on 1/27/17 at 1:22 pm to pistolpete23
Obama, the only president without one year above 3.0%. Legacy.
Posted on 1/27/17 at 2:58 pm to pistolpete23
Wow. Obama really left a mess to clean up. Thank god trump won.
Posted on 1/27/17 at 3:38 pm to pistolpete23
I thought we were told the economy was doing good for the last 3 to 4 years?
Posted on 1/27/17 at 3:39 pm to Aristo
That was based on the Stock Market.
Now that we have a R Pres, the Stock Market is doing TOO well and that hurts.
Now that we have a R Pres, the Stock Market is doing TOO well and that hurts.
Posted on 1/27/17 at 3:40 pm to pistolpete23
Recession is coming
Posted on 1/27/17 at 3:41 pm to pistolpete23
Maybe Yellen will hold off on rate hikes.
Posted on 1/27/17 at 3:45 pm to pistolpete23
That is garbage growth
Has to at least double
Has to at least double
Posted on 1/27/17 at 3:49 pm to TrueTiger
quote:
Maybe Yellen will hold off on rate hikes.
Maybe is the key word here. In my opinion it is very unfortunate she couldn't be replaced immediately. To be fair, she has improved her public comments over what they were when she started. But rarely is inflation cited where she isn't heavily relying on CPI(u). It does cover 89% of the population, or so they claim.
Posted on 1/27/17 at 3:49 pm to Fun Bunch
I guess as long as the GDP remains as shitty as it was for 11 years we will now see these articles a lot more.
Posted on 1/27/17 at 3:49 pm to pistolpete23
My standards for Trump are as high as they were for Obama. Obama inherited a shite economy but did nothing with it. Trump should be able to do wonders. I'm hoping we hit 6% in the first year.
Posted on 1/27/17 at 4:10 pm to pistolpete23
quote:
Gross domestic product, the official score card for the economy, expanded at a 1.9% annual clip from October to December, the Commerce Department said. That’s a marked drop from a 3.5% growth rate in the third quarter and below the 2.2% MarketWatch-compiled consensus.
Look on the bright side our economy grew more than Ukraine's did. Which is a good thing because in the 1st and/or the 2nd quarter of 2016 Ukraine's GDP growth was better than the USA.
Posted on 1/27/17 at 4:16 pm to PaperTiger
quote:
The meltdown would be unreal if that happened
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News