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re: 2018 GDP grows at 2.9%, best since 2014

Posted on 2/28/19 at 8:14 am to
Posted by Shepherd88
Member since Dec 2013
4601 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 buckeye_vol
Member since Jul 2014
35251 posts
Posted on 2/28/19 at 8:16 am to
quote:

And they said 3% couldn’t be done!
It wasn’t though since the 2.9% is how they officially measure annual change. 3.1% is Q4/Q4.
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12839 posts
Posted on 2/28/19 at 8:41 am to
From your own link:

quote:

For the year, annual 2018 real GDP increased by 2.9 percent, according to the Bureau of Economic Analysis.


2.9% growth y/y is solid. I’ll take it all day long and twice on Sunday.
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