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Started By
Message
1st quarter GDP: 3.2%
Posted on 4/26/19 at 7:29 am
Posted on 4/26/19 at 7:29 am
26
Posted on 4/26/19 at 7:31 am to Bunyan
90proof wakes up everyday hoping for a recession. SAD!
Posted on 4/26/19 at 7:32 am to Bunyan
Delicious
Posted on 4/26/19 at 7:32 am to Bunyan
Couldn't even bother with a link?
LINK
That uptick in spending for public construction didn't even occur to me. Great number!
eta: and wow, 2 of the first 3 posts
LINK
quote:
The acceleration in real GDP growth in the first quarter reflected an upturn in state and local government spending, accelerations in private inventory investment and in exports, and a smaller decrease in residential investment. These movements were partly offset by decelerations in PCE and nonresidential fixed investment, and a downturn in federal government spending. Imports, which are a subtraction in the calculation of GDP, turned down.
That uptick in spending for public construction didn't even occur to me. Great number!
eta: and wow, 2 of the first 3 posts
This post was edited on 4/26/19 at 7:33 am
Posted on 4/26/19 at 7:33 am to Bunyan
quote:
Lol @ 90
We have the best numbers, don't we folks!
Is that the real number?
At the rate the estimate has been growing the last few weeks they should have waited until next week and it would have been 4 and a half.
Posted on 4/26/19 at 7:33 am to 90proofprofessional
quote:
eta: and wow, 2 of the first 3 posts
and they were correct because you are hear within 3 posts
Posted on 4/26/19 at 7:34 am to gthog61
quote:
Is that the real number
yeah, that's the advance estimate
it'll be revised a few times as more data rolls in but it's the real number
Posted on 4/26/19 at 7:34 am to gthog61
quote:
Is that the real number?
Yep
Posted on 4/26/19 at 7:34 am to gthog61
quote:
and they were correct because you are hear within 3 posts
that doesn't make them "correct". at all.
Posted on 4/26/19 at 7:35 am to Bunyan
2.7 didn't last long
Posted on 4/26/19 at 7:35 am to 90proofprofessional
quote:
eta: and wow, 2 of the first 3 posts
WTF did you expect homie? You have been the debbie downer of all debbie downers with respect to GDP.
That being said,
'Merica!!!
Posted on 4/26/19 at 7:37 am to fjlee90
Damn impressive numbers even after a government shutdown.
Posted on 4/26/19 at 7:37 am to Bunyan
By God Biden is going to get us on the right track by calling all of us racists!
can't wait!
can't wait!
Posted on 4/26/19 at 7:37 am to Bunyan
That is a huge beat vs 2.2-2.5%
Posted on 4/26/19 at 7:38 am to 90proofprofessional
Abracadabra
Posted on 4/26/19 at 7:38 am to fjlee90
quote:
WTF did you expect homie?
possibly a link, or any breakdown, or summary, or any substantive commentary with maybe a sprinkling of complaining about 90
Posted on 4/26/19 at 7:39 am to jrodLSUke
quote:
90proof wakes up everyday hoping for a recession. SAD!
So do the Dems.....and the media
Posted on 4/26/19 at 7:44 am to 90proofprofessional
quote:
possibly a link, or any breakdown, or summary, or any substantive commentary with maybe a sprinkling of complaining about 90
You need to change your expectations.
Your mouth has put a large target on your back and mornings like this hurt your credibility.
Posted on 4/26/19 at 7:47 am to fjlee90
quote:
Your mouth has put a large target on your back and mornings like this hurt your credibility.
nah, this was a huge beat, like another poster said
and it has significant implications about what we'll see in quarters going forward, but not on any underlying trends in what drives growth
i know nobody actually wants substantive discussion, though. we want to cheerlead
Posted on 4/26/19 at 7:48 am to 90proofprofessional
quote:
i know nobody actually wants substantive discussion, though. we want to cheerlead
I think we all enjoy substance.
Unfortunately, yours was wrong in this case.
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