Q4 GDP 2.6%: Better than Expected (2018 GDP, 3.125!!!)

[The Purge]

They left out the part where it’s all because of Obama’s economic policies....ROTFLMFAO!


TRUMP HAS GOT TO GO!!! We SIMPLY CANNOT sustain this growth and prosperity!!! We have to be down, down, down. We have to be broke. We have to stop this. We have got to be broke..... Be sure to vote DEATHRATS for that TRUE SOCIALIST EXPERIENCE! !!!


The long-awaited first read on Q4 GDP has just come out, with results better than expected: +2.6%, whereas analysts had been pivoting right around that 2.0% figure ahead of the release. The historically strong Q3 results were revised upward in its third and final headline: 3.5%.

Even though it’s too early to take the long view of 2018 GDP as a whole, this 2.6% number joins the 2.2%, 4.2% and now 3.5% from the previous quarter to put preliminary GDP at 3.125%, or above 3% for the first time since prior to the Great Recession a decade ago.

That this initial Q4 read is well ahead of analysts’ estimates on the first read is interesting when we see how the numbers break down: the Consumer was actually slightly below estimates of 3% to 2.8%, though the Price Index overall wound up 10 basis points hotter. Core Personal Consumption Expenditures (PCE) — stripping out various near-term volatility, thus creating what we consider a “core” number — reached +1.7%.

(Excerpt) Read more at news.yahoo.com ...

 

[Jomama]

This proves that deficit spending works. Even during an economic expansion. It's more reckless and irresponsible than many socialist policies but it does create a big headline #.



PS, Hysterical tagline meme, Monica ate your brother.

 

[pinqy]

They left out the part where it’s all because of Obama’s economic policies....ROTFLMFAO!


TRUMP HAS GOT TO GO!!! We SIMPLY CANNOT sustain this growth and prosperity!!! We have to be down, down, down. We have to be broke. We have to stop this. We have got to be broke..... Be sure to vote DEATHRATS for that TRUE SOCIALIST EXPERIENCE! !!!


The long-awaited first read on Q4 GDP has just come out, with results better than expected: +2.6%, whereas analysts had been pivoting right around that 2.0% figure ahead of the release. The historically strong Q3 results were revised upward in its third and final headline: 3.5%.

Even though it’s too early to take the long view of 2018 GDP as a whole, this 2.6% number joins the 2.2%, 4.2% and now 3.5% from the previous quarter to put preliminary GDP at 3.125%, or above 3% for the first time since prior to the Great Recession a decade ago.

That this initial Q4 read is well ahead of analysts’ estimates on the first read is interesting when we see how the numbers break down: the Consumer was actually slightly below estimates of 3% to 2.8%, though the Price Index overall wound up 10 basis points hotter. Core Personal Consumption Expenditures (PCE) — stripping out various near-term volatility, thus creating what we consider a “core” number — reached +1.7%.

(Excerpt) Read more at news.yahoo.com ...

Except that article is just not true.
Gross Domestic Product, Fourth Quarter and Annual 2018 (Initial Estimate) | U.S. Bureau of Economic Analysis (BEA)

“Real gross domestic product(GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018 (table 1), according to the "initial" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent.

I have no idea why your source would falsely claim 3Q was 3.5.

And annual? 2.9%,

These are preliminary and will likely change with revisions, but that yahoo article is plain false.

 

[The Purge]

They left out the part where it’s all because of Obama’s economic policies....ROTFLMFAO!


TRUMP HAS GOT TO GO!!! We SIMPLY CANNOT sustain this growth and prosperity!!! We have to be down, down, down. We have to be broke. We have to stop this. We have got to be broke..... Be sure to vote DEATHRATS for that TRUE SOCIALIST EXPERIENCE! !!!


The long-awaited first read on Q4 GDP has just come out, with results better than expected: +2.6%, whereas analysts had been pivoting right around that 2.0% figure ahead of the release. The historically strong Q3 results were revised upward in its third and final headline: 3.5%.

Even though it’s too early to take the long view of 2018 GDP as a whole, this 2.6% number joins the 2.2%, 4.2% and now 3.5% from the previous quarter to put preliminary GDP at 3.125%, or above 3% for the first time since prior to the Great Recession a decade ago.

That this initial Q4 read is well ahead of analysts’ estimates on the first read is interesting when we see how the numbers break down: the Consumer was actually slightly below estimates of 3% to 2.8%, though the Price Index overall wound up 10 basis points hotter. Core Personal Consumption Expenditures (PCE) — stripping out various near-term volatility, thus creating what we consider a “core” number — reached +1.7%.

(Excerpt) Read more at news.yahoo.com ...

Except that article is just not true.
Gross Domestic Product, Fourth Quarter and Annual 2018 (Initial Estimate) | U.S. Bureau of Economic Analysis (BEA)

“Real gross domestic product(GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018 (table 1), according to the "initial" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent.

I have no idea why your source would falsely claim 3Q was 3.5.

And annual? 2.9%,

These are preliminary and will likely change with revisions, but that yahoo article is plain false.

Suggest you write to the articles writer and educate him!

 

[pinqy]

They left out the part where it’s all because of Obama’s economic policies....ROTFLMFAO!


TRUMP HAS GOT TO GO!!! We SIMPLY CANNOT sustain this growth and prosperity!!! We have to be down, down, down. We have to be broke. We have to stop this. We have got to be broke..... Be sure to vote DEATHRATS for that TRUE SOCIALIST EXPERIENCE! !!!


The long-awaited first read on Q4 GDP has just come out, with results better than expected: +2.6%, whereas analysts had been pivoting right around that 2.0% figure ahead of the release. The historically strong Q3 results were revised upward in its third and final headline: 3.5%.

Even though it’s too early to take the long view of 2018 GDP as a whole, this 2.6% number joins the 2.2%, 4.2% and now 3.5% from the previous quarter to put preliminary GDP at 3.125%, or above 3% for the first time since prior to the Great Recession a decade ago.

That this initial Q4 read is well ahead of analysts’ estimates on the first read is interesting when we see how the numbers break down: the Consumer was actually slightly below estimates of 3% to 2.8%, though the Price Index overall wound up 10 basis points hotter. Core Personal Consumption Expenditures (PCE) — stripping out various near-term volatility, thus creating what we consider a “core” number — reached +1.7%.

(Excerpt) Read more at news.yahoo.com ...

Except that article is just not true.
Gross Domestic Product, Fourth Quarter and Annual 2018 (Initial Estimate) | U.S. Bureau of Economic Analysis (BEA)

“Real gross domestic product(GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018 (table 1), according to the "initial" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent.

I have no idea why your source would falsely claim 3Q was 3.5.

And annual? 2.9%,

These are preliminary and will likely change with revisions, but that yahoo article is plain false.

Suggest you write to the articles writer and educate him!

Why? Intelligent people can go to the actual source and see he’s wrong.
He won’t change the article

 

[The Purge]

They left out the part where it’s all because of Obama’s economic policies....ROTFLMFAO!


TRUMP HAS GOT TO GO!!! We SIMPLY CANNOT sustain this growth and prosperity!!! We have to be down, down, down. We have to be broke. We have to stop this. We have got to be broke..... Be sure to vote DEATHRATS for that TRUE SOCIALIST EXPERIENCE! !!!


The long-awaited first read on Q4 GDP has just come out, with results better than expected: +2.6%, whereas analysts had been pivoting right around that 2.0% figure ahead of the release. The historically strong Q3 results were revised upward in its third and final headline: 3.5%.

Even though it’s too early to take the long view of 2018 GDP as a whole, this 2.6% number joins the 2.2%, 4.2% and now 3.5% from the previous quarter to put preliminary GDP at 3.125%, or above 3% for the first time since prior to the Great Recession a decade ago.

That this initial Q4 read is well ahead of analysts’ estimates on the first read is interesting when we see how the numbers break down: the Consumer was actually slightly below estimates of 3% to 2.8%, though the Price Index overall wound up 10 basis points hotter. Core Personal Consumption Expenditures (PCE) — stripping out various near-term volatility, thus creating what we consider a “core” number — reached +1.7%.

(Excerpt) Read more at news.yahoo.com ...

Except that article is just not true.
Gross Domestic Product, Fourth Quarter and Annual 2018 (Initial Estimate) | U.S. Bureau of Economic Analysis (BEA)

“Real gross domestic product(GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018 (table 1), according to the "initial" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent.

I have no idea why your source would falsely claim 3Q was 3.5.

And annual? 2.9%,

These are preliminary and will likely change with revisions, but that yahoo article is plain false.

Suggest you write to the articles writer and educate him!

Why? Intelligent people can go to the actual source and see he’s wrong.
He won’t change the article

And why not if you are right....it isnt as if you are correct then fight for a retraction,

 

[pinqy]

They left out the part where it’s all because of Obama’s economic policies....ROTFLMFAO!


TRUMP HAS GOT TO GO!!! We SIMPLY CANNOT sustain this growth and prosperity!!! We have to be down, down, down. We have to be broke. We have to stop this. We have got to be broke..... Be sure to vote DEATHRATS for that TRUE SOCIALIST EXPERIENCE! !!!


The long-awaited first read on Q4 GDP has just come out, with results better than expected: +2.6%, whereas analysts had been pivoting right around that 2.0% figure ahead of the release. The historically strong Q3 results were revised upward in its third and final headline: 3.5%.

Even though it’s too early to take the long view of 2018 GDP as a whole, this 2.6% number joins the 2.2%, 4.2% and now 3.5% from the previous quarter to put preliminary GDP at 3.125%, or above 3% for the first time since prior to the Great Recession a decade ago.

That this initial Q4 read is well ahead of analysts’ estimates on the first read is interesting when we see how the numbers break down: the Consumer was actually slightly below estimates of 3% to 2.8%, though the Price Index overall wound up 10 basis points hotter. Core Personal Consumption Expenditures (PCE) — stripping out various near-term volatility, thus creating what we consider a “core” number — reached +1.7%.

(Excerpt) Read more at news.yahoo.com ...

Except that article is just not true.
Gross Domestic Product, Fourth Quarter and Annual 2018 (Initial Estimate) | U.S. Bureau of Economic Analysis (BEA)

“Real gross domestic product(GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018 (table 1), according to the "initial" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent.

I have no idea why your source would falsely claim 3Q was 3.5.

And annual? 2.9%,

These are preliminary and will likely change with revisions, but that yahoo article is plain false.

Suggest you write to the articles writer and educate him!

Why? Intelligent people can go to the actual source and see he’s wrong.
He won’t change the article

And why not if you are right....it isnt as if you are correct then fight for a retraction,

what do you mean "if you are right?"
If you read the link to BEA, you would know I'm right.

And there is no link to comment on that site.