The government’s latest GDP report Thursday underlined those concerns. The Commerce Department reported the economy expanded by just 1.1 percent in the first three months of the year, well below expectations of 2 percent growth and down from 2.6 percent in the fourth quarter of last year.
This morning's PCE numbers only point to more stagflation ahead.....Another one of those "new normal" conditions the dems would have you believe.
‘Economy is unwell’: GDP report underlines recession concern
Most Wall Street banks and many economists predict a downshift.
www.politico.com
This morning's PCE numbers only point to more stagflation ahead.....Another one of those "new normal" conditions the dems would have you believe.