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 ...
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 ...