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HailHailtoMichigan!
Michigan Fan
Trabuco Canyon, CA
Member since Mar 2012
43820 posts
 Online 

Positive update for 4th quarter GDP estimate: up to 3.2%
from 2.8% before

Would certainly be a good thing to have three straight quarters above 3%


BlackHelicopterPilot
LSU Fan
Top secret lab
Member since Feb 2004
43422 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
quote:

good thing to have three straight quarters



Not cool, dude.


"...three CONSECUTIVE quarters..." is more inclusive... no?




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181
GumboPot
USA Fan
Member since Mar 2009
58842 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
Good news. 4Q17 will be higher than 3.2%

New York Fed forecasting 3.9%.



CAD703X
Toledo Fan
Liberty Island
Member since Jul 2008
53133 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
what's the magic # to get 3% for the year...4% for Q4?


beaverfever
Arkansas Fan
Little Rock
Member since Jan 2008
16676 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
Holy shite the economy is picking up steam quickly.


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80
Cajunese
LA-Lafayette Fan
Lafayette, La.
Member since Jun 2005
3903 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
Ok Dems, tell us all how this was Obama's doing.


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40
Yak
Member since May 2014
2315 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
This is impressive.

Would be nice if this was the actual focus of the day


Plx1776
Member since Oct 2017
2670 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
Obama trying to steal credit wouldn't be so cringeworthy if he didn't boast that manufacturing jobs were never coming back.

He said manufacturing jobs were never coming back.

They end up coming back, and he pretends like it is because of him.
This post was edited on 1/3 at 1:46 pm


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60
GumboPot
USA Fan
Member since Mar 2009
58842 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
quote:

what's the magic # to get 3% for the year...4% for Q4?



Not 100% sure but it's a big number. Approximately 4.5%.

We started off the first quarter with a Obama era number of 1.4%. That really put us behind the 8 ball for a calendar year number of 3%.


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10
WeeWee
USA Fan
Member since Aug 2012
26633 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
quote:

Positive update for 4th quarter GDP estimate: up to 3.2%




quote:

Would certainly be a good thing to have three straight quarters above 3%




Image: https://media.tenor.co/images/e78e5ab0e70aebb16241ac35ad7c776f/raw


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10
Iowa Golfer
Iowa Fan
Heaven
Member since Dec 2013
8972 posts
 Online 

re: Positive update for 4th quarter GDP estimate: up to 3.2%
The Fed spoke today. You should probably listen to that and make this post more in context with what they said. But that's just me.


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WeeWee
USA Fan
Member since Aug 2012
26633 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
Q1: 1.4%
Q2: 3.1%
Q3: 3.3%
Q4: 3.2%

Assuming that the 3.2% is correct, that would give Trump an average of 2.75% GDP growth in 2017. That is a good start especially since it is almost double BHO's average.


Yak
Member since May 2014
2315 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
quote:

Assuming that the 3.2% is correct, that would give Trump an average of 2.75% GDP growth in 2017. That is a good start especially since it is almost double BHO's average.

Look, I will agree that Obama's average was NOT good, but let's be at least a little bit honest.

From your own article:

quote:

It’s no secret Obama inherited a distressed economy. In December 2007, just two months before Obama officially took office, the Great Recession officially began and the U.S. economy shrank at a rate of 0.3%. During the recession, which ended in June 2009 according to economists, unemployment rates reached as high as 10%.


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10
Y.A. Tittle
Winthrop Fan
Member since Sep 2003
68159 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
quote:

Would be nice if this was the actual focus of the day




Or maybe this is a good example of how the "focus of the day" doesn't really matter.


Yak
Member since May 2014
2315 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
quote:

Or maybe this is a good example of how the "focus of the day" doesn't really matter.
I contest that it should though.

We need to see and hear this kind of news. And by we, I mean the media


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WeeWee
USA Fan
Member since Aug 2012
26633 posts

re: Positive update for 4th quarter GDP estimate: up to 3.2%
quote:

Would be nice if this was the actual focus of the day


"We can't focus on the economy when there is a Bannon and Satan ugh we mean President Trump ." - the media


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