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GDP growth for 1Q expected to hit 5.4%

Posted on 2/1/18 at 12:47 pm
Posted by bamarep
Member since Nov 2013
51806 posts
Posted on 2/1/18 at 12:47 pm
LINK


quote:

The economy is on track to put up blockbuster growth numbers in the first quarter, according to the latest forecast from the Atlanta Fed.

GDP is expected to surge 5.4 percent to start 2018, the central bank branch estimated in its latest rolling look how the economy is progressing.





We know proggies, delayed effect of Barrackonomics.
Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 2/1/18 at 12:48 pm to
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69304 posts
Posted on 2/1/18 at 12:48 pm to
did y'all just get the same email or something?

Literally five threads in five mins.
Posted by Seldom Seen
Member since Feb 2016
40182 posts
Posted on 2/1/18 at 12:48 pm to
We're living in Boom Times under TRUMP folks!
Posted by bamarep
Member since Nov 2013
51806 posts
Posted on 2/1/18 at 12:49 pm to
Front page of Drudge
Posted by olddawg26
Member since Jan 2013
24587 posts
Posted on 2/1/18 at 12:49 pm to
They’re sitting around listening to rush. Think about that.
Posted by Tridentds
Sugar Land
Member since Aug 2011
20391 posts
Posted on 2/1/18 at 12:49 pm to
Rush mentioned it 10 minutes ago. Is errrrybody listening to Rush?
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38736 posts
Posted on 2/1/18 at 12:49 pm to
quote:

Is errrrybody listening to Rush?


I am.
Posted by GumboPot
Member since Mar 2009
118819 posts
Posted on 2/1/18 at 12:49 pm to
5.4%



LINK

The New York Fed Nowcast is currently predicting 3%.

LINK

Good numbers.

Posted by Tridentds
Sugar Land
Member since Aug 2011
20391 posts
Posted on 2/1/18 at 12:50 pm to
Posted by Loserman
Member since Sep 2007
21905 posts
Posted on 2/1/18 at 12:50 pm to
Welll it deserves 5 threads since it is 5 times better than Obama’s
Posted by Ag Zwin
Member since Mar 2016
19969 posts
Posted on 2/1/18 at 12:51 pm to
Jeebus. It was 5.25 only a few minutes ago.

This train is out of control.

Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78648 posts
Posted on 2/1/18 at 12:51 pm to
The Trump Effect. It's amazing what happens when you simply stop penalizing economic activity. You incentivize it-you get more of it. Pretty freaking simple.
Posted by RCDfan1950
United States
Member since Feb 2007
34920 posts
Posted on 2/1/18 at 12:52 pm to
Thank you Obama!!! I was gettin' hungry out here in Hillsdale.
Posted by GumboPot
Member since Mar 2009
118819 posts
Posted on 2/1/18 at 12:52 pm to
The Atlanta Fed has a typo in their report.

quote:

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 5.4 percent on February 1, up from 4.2 percent on January 29.


I'm pretty sure they meant to say "first quarter of 2018".
Posted by CptBengal
BR Baby
Member since Dec 2007
71661 posts
Posted on 2/1/18 at 12:54 pm to
Where's that never Trump trash?
Posted by GumboPot
Member since Mar 2009
118819 posts
Posted on 2/1/18 at 12:55 pm to
Just an FYI. The 4Q17 GDP initially came in at 2.6%. It is subject to two more revisions. Expect a major upward revision to 3.4% for 4Q17 and a final number of 3.5%.
Posted by Big_Slim
Mogadishu
Member since Apr 2016
3977 posts
Posted on 2/1/18 at 12:56 pm to
quote:


They’re sitting around listening to rush. Think about that.


Oh my God! The horror!
Posted by narddogg81
Vancouver
Member since Jan 2012
19702 posts
Posted on 2/1/18 at 12:58 pm to
Jebus. Actual numbers won't be that high but anything over 3 is stellar
Posted by roadGator
Member since Feb 2009
140479 posts
Posted on 2/1/18 at 12:58 pm to
Old libs can't handle a different opinion. Something about age and tricks and dawgs.
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