- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
U.S. economy underperforms: GDP missed expectations 6.5% vs. 8.4%
Posted on 7/29/21 at 3:46 pm
Posted on 7/29/21 at 3:46 pm
6.5 vs 8.4 is only a 23% miss .... Come on man!
quote:
U.S. economy expanded at 6.5% annualized rate in Q2, missing expectations
by Emily McCormick
Thu, July 29, 2021
Growth in U.S. economic activity accelerated only slightly in the second quarter compared to the first, disappointing economists expecting that the lingering effects of fiscal and monetary stimulus and strong consumer and business demand would fuel further growth.
The U.S. Bureau of Economic Analysis released its advanced estimate of second-quarter gross domestic product (GDP) Thursday morning at 8:30 a.m. ET. Here were the main metrics from the report compared to consensus data compiled by Bloomberg:
Q2 GDP, seasonally adjusted annualized quarter-over-quarter: 6.5% vs. 8.4% expected and a downwardly revised 6.3% in Q1
Personal consumption: 11.8% vs. 10.5% expected and 11.4% in Q1
Core personal consumption expenditures, quarter-over-quarter: 6.0% vs. 6.1% expected and an upwardly revised 2.7% in Q1
14
Posted on 7/29/21 at 3:47 pm to NC_Tigah
I blame the unvaxxed people.
Posted on 7/29/21 at 3:48 pm to La Place Mike
quote:
I blame the unvaxxed people.
I heard it was white men's fault
Posted on 7/29/21 at 3:48 pm to NC_Tigah
Biden will announce shortly record GDP growth and not one media shill will pull him on it.
Posted on 7/29/21 at 3:48 pm to NC_Tigah
didn't Biden tweet and brag about this earlier? what a clown
Posted on 7/29/21 at 3:48 pm to NC_Tigah
Folks, it's the best economy ever, look at our growth compared to last year... ignore we were locked down much of the year. Nothing to see here. where's my pudding and my 10 year old?
-Biden (probably)
-Biden (probably)
This post was edited on 7/29/21 at 3:51 pm
Posted on 7/29/21 at 3:48 pm to NC_Tigah
I assume they'll blame this on Trump
Posted on 7/29/21 at 3:48 pm to La Place Mike
quote:... and the J6 Terrrrroristsssss!
I blame the unvaxxed people.
Posted on 7/29/21 at 3:49 pm to NC_Tigah
Hey Joe . . . you haven't even begun taxing us.
Posted on 7/29/21 at 3:53 pm to NC_Tigah
quote:
President* Biden: The fastest economic growth in the first half of a year in nearly 40 years
Posted on 7/29/21 at 3:58 pm to TigerVespamon
Well when you give out trillions of dollars to people that don't work for it, they're gonna spend it as fast as they receive it.
Posted on 7/29/21 at 3:59 pm to BlackHelicopterPilot
(no message)
This post was edited on 11/8/23 at 1:50 am
Posted on 7/29/21 at 3:59 pm to NC_Tigah
Breaking:
Pelosi holding GDP hearings. Economists in tear filled statements talk about how the Jan 6 Insurrection has caused grave harm to the US economy.
One economist testified that he was so overrun with fear that he put in a wrong decimal point which ruined the current GDP projection.
More to come as the hearing unfolds.
Pelosi holding GDP hearings. Economists in tear filled statements talk about how the Jan 6 Insurrection has caused grave harm to the US economy.
One economist testified that he was so overrun with fear that he put in a wrong decimal point which ruined the current GDP projection.
More to come as the hearing unfolds.
Posted on 7/29/21 at 4:02 pm to BlackHelicopterPilot
quote:
I heard it was white men's fault
Don't forget the straights, and the Christians.
Posted on 7/29/21 at 4:04 pm to NC_Tigah
The left will be bragging about this in years to come. 6.5% is the highest I can recall in decades. Of course the forced shutdown will be forgotten.
This post was edited on 7/29/21 at 4:05 pm
Posted on 7/29/21 at 4:15 pm to NC_Tigah
Once the fed quits printing money out of thin air and in the interest rates go above 1% the economy will crash.
FAKE ECONOMY
FAKE ECONOMY
Posted on 7/29/21 at 4:22 pm to NC_Tigah
But wonderful news to push stocks to even another new ATH
Posted on 7/29/21 at 4:39 pm to NC_Tigah
So chalk another one up as a lie by Liar Joe?
Man am I shocked.
Man am I shocked.
Posted on 7/29/21 at 4:47 pm to NC_Tigah
Build back better! 
Posted on 7/29/21 at 4:51 pm to LNCHBOX
quote:
where's my pudding and my 10 year old?
Holy Moses I haven't stopped laughing.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News