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2018 GDP grows at 2.9%, best since 2014

Posted on 2/28/19 at 8:03 am
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 2/28/19 at 8:03 am
2018 annual GDP numbers finally got released after the shutdown, showing a respectable 2.9% for 2018.

LINK

quote:

Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018

\

Real GDP increased 2.9 percent in 2018 (from the 2017 annual level to the 2018 annual level)


Also in the way of updates:

The goods trade deficit skyrocketed again in December to $79.5 bil, setting a fresh record. Guess it got lost in the shuffle, with the historic scenes of Korean denuclearization and the Cohen spectacle. LINK
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74921 posts
Posted on 2/28/19 at 8:07 am to
quote:

2018 GDP grows at 2.9%, best since 2014


I picture you like this in your moms basement having to type that

Posted by Shepherd88
Member since Dec 2013
4603 posts
Posted on 2/28/19 at 8:14 am to


LINK

quote:

While the GDP report was only preliminary, it would mean average growth for the year was 3.1 percent.


And they said 3% couldn’t be done!
Posted by SirWinston
PNW
Member since Jul 2014
83048 posts
Posted on 2/28/19 at 9:12 am to
Wont this be revised up in a few weeks?
Posted by Bourre
Da Parish
Member since Nov 2012
20333 posts
Posted on 2/28/19 at 9:17 am to
I’m sure it will be adjusted upward and the news buried on page 19 of the Failing NY Times
This post was edited on 2/28/19 at 9:18 am
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