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Started By
Message
4.2% GDP!
Posted on 9/27/18 at 7:32 am
Posted on 9/27/18 at 7:32 am
4.5% on durable goods.
Abracadabra bitch.
*Watching the money honey and the numbers were just announced.
This post was edited on 9/27/18 at 7:34 am
16
Posted on 9/27/18 at 7:33 am to HubbaBubba
Does this mean our economy is now stagnate? Bc that's how the left will spin it
Posted on 9/27/18 at 7:35 am to HubbaBubba
Posted on 9/27/18 at 7:36 am to HubbaBubba
Real gross domestic product (GDP) increased at an annual rate of 4.2 percent in the second quarter of 2018 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 2.2 percent.
LINK
LINK
Posted on 9/27/18 at 7:41 am to HubbaBubba
I'll wait on 90 Proof to tell me how wrong these numbers are.
Posted on 9/27/18 at 7:53 am to HubbaBubba
Abracadabra indeed
Posted on 9/27/18 at 7:55 am to HubbaBubba
quote:
4.2% GDP
Obama did this
Posted on 9/27/18 at 7:56 am to Wtodd
quote:
Does this mean our economy is now stagnate? Bc that's how the left will spin
No. The new spin is that Obama is responsible for this economic miracle.
Posted on 9/27/18 at 7:58 am to HubbaBubba
"This does not matter, there is a 15 year old that may have grabbed boobies over here"
Posted on 9/27/18 at 8:00 am to HubbaBubba
Obama built that.......dang how can they say that with a straight face
Posted on 9/27/18 at 8:00 am to HubbaBubba
The Atlanta Fed is forecasting 4.4% for the third quarter. If we hit that number we will be growing at an annual rate of 3.6%. That means we will only need 1.2% in the fourth quarter to achieve an annual growth rate of 3.0% which will be extremely easy. Something all the experts said could never be done and Barack Obama never achieved.
Posted on 9/27/18 at 8:04 am to GumboPot
GP, not near a computer so can’t confirm, but sounds like we need 2.8% on average in the second half for him to achieve 3.0% for the calendar year, right? If so, Obama’s “new normal” would officially be debunked and he will be the only US President never to achieve 3.0% GDP growth over the course of a calendar year.
Posted on 9/27/18 at 8:06 am to bamarep
quote:
I'll wait on 90 Proof to tell me how wrong these numbers are.
Or IB Freeman to tell us "imagine what it would be without those damn tariffs".
Posted on 9/27/18 at 8:06 am to GumboPot
quote:
The Atlanta Fed is forecasting 4.4% for the third quarter.
Can someone explain to me why the Atlanta branch is always the benchmark? Genuinely curious.
Posted on 9/27/18 at 8:11 am to flyAU
Muh tariffs.
Posted on 9/27/18 at 8:12 am to bamarep
Agree, 90 % pussy will be in here telling you how this is all bullshite !! LOL
Posted on 9/27/18 at 8:20 am to GumboPot
quote:Annual, full year, GDP is a YOY comparison of the four quarters, not the average of the 4 QOQ comparisons.
GumboPot
Posted on 9/27/18 at 8:23 am to GumboPot
quote:
to achieve an annual growth rate of 3.0% which will be extremely easy. Something all the experts said could never be done
are you able to find an instance of even a single expert actually saying that meeting 3.0 for a single year could never be done?
how odd that would be, given that we saw 2.9 just a few years back
and for you and redstick: if we see 3.0 or even more this year, what is then the new-new normal iyo?
Posted on 9/27/18 at 8:28 am to 90proofprofessional
We all know there is no such things as "normal" in the economy.
There are always ups and downs.
And we all know the 3.0 thing was just an excuse Obama and his backers tried to sell folks.
There are always ups and downs.
And we all know the 3.0 thing was just an excuse Obama and his backers tried to sell folks.
Posted on 9/27/18 at 8:30 am to HubbaBubba
IB and 90proof both melting!
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