Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter

[JimH52]

MSN

The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the first quarter, flashing a warning sign for the U.S. economy.
The projection is a significant shift for the Atlanta Fed over the last few weeks that comes a little more than a month after President Trump took office.


The Atlanta Fed last week was predicting 2.3 percent positive growth for the first quarter. A month ago, it was registering 3.9 percent growth.
The Atlanta Fed’s GDPNow measure is not an official forecast but rather a running estimate of real GDP growth based on data as it comes in.

How are those tariffs working out for you, MAGA? I mean, it would seem that trump would notice that things are going south very quickly and would modify his plans. But, NOT trump. He will continue to attack allies and continue to insist on policies that are adversely affect all of us. Than man has always had what he wanted, when he wanted. He does not know what a loaf of bread cost...nor does he care.

 

[jbrownson0831]

MSN

The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the first quarter, flashing a warning sign for the U.S. economy.
The projection is a significant shift for the Atlanta Fed over the last few weeks that comes a little more than a month after President Trump took office.


The Atlanta Fed last week was predicting 2.3 percent positive growth for the first quarter. A month ago, it was registering 3.9 percent growth.
The Atlanta Fed’s GDPNow measure is not an official forecast but rather a running estimate of real GDP growth based on data as it comes in.

How are those tariffs working out for you, MAGA? I mean, it would seem that trump would notice that things are going south very quickly and would modify his plans. But, NOT trump. He will continue to attack allies and continue to insist on policies that are adversely affect all of us. Than man has always had what he wanted, when he wanted. He does not know what a loaf of bread cost...nor does he care.

Tariffs are working out just fine jimbowhiner. If you were an actual working American citizen, you would know this.
Trump is tired of your cult's mantra of allowing the US to be pushed around and is doing something about it. Stock market will be at 47k in a few months, but you have no job and no shares so...
waaaahhhh....waaahhhhhh!

 

[rightwinger]

That is half way to a Recession

 

[JimH52]

That is half way to a Recession

Well, let trump continue his march into oblivion. I really think the man is in the White House to destroy the US. He is doing the very opposite of whata President should do.

-Starting an unprovoked trade war with both allies and adversaries.
-Supporting a murdering dictator over a democratic ally
-enacting policies that are hurting the very people who voted for him (rural voters, farmer, older Americans)
-allowing an unqualified group of kids to access sensitive data in governmental agencies.

The list could go on and on. The most astounding trump action is his love affair with Poootin and Russia. There has got to be a reason Poootin is so far up his butt...?

 

[jbrownson0831]

Well, let trump continue his march into oblivion. I really think the man is in the White House to destroy the US. He is doing the very opposite of whata President should do.

-Starting an unprovoked trade war with both allies and adversaries.
-Supporting a murdering dictator over a democratic ally
-enacting policies that are hurting the very people who voted for him (rural voters, farmer, older Americans)
-allowing an unqualified group of kids to access sensitive data in governmental agencies.

The list could go on and on. The most astounding trump action is his love affair with Poootin and Russia. There has got to be a reason Poootin is so far up his butt...?

Your tonearm needle is stuck on the same spot in the LP.....you babble on and on about the same thing over and over, which is why nobody listens to your diatribe.
312-226.....you babbled loudly and got him elected, you babble now while he saves the country from grift and waste. You hate America.

 

[rightwinger]

Well, let trump continue his march into oblivion. I really think the man is in the White House to destroy the US. He is doing the very opposite of whata President should do.

-Starting an unprovoked trade war with both allies and adversaries.
-Supporting a murdering dictator over a democratic ally
-enacting policies that are hurting the very people who voted for him (rural voters, farmer, older Americans)
-allowing an unqualified group of kids to access sensitive data in governmental agencies.

The list could go on and on. The most astounding trump action is his love affair with Poootin and Russia. There has got to be a reason Poootin is so far up his butt...?

Trump is great at tearing things down

Then it is up to Democrats to clean up his mess

 

[Harry Dresden]

jimmy how come you only comment on those who agree with you?...

 

[Harry Dresden]

Trump is great at tearing things down

Then it is up to Democrats to clean up his mess

so why did you allow him to be elected....again?....

 

[jbrownson0831]

jimmy how come you only comment on those who agree with you?...

They are his buddy whiners

 

[rightwinger]

so why did you allow him to be elected....again?....

I warned you……

 

[sparky]

How are those tariffs working out for you, MAGA?

This is what free trade did for Americans Jim>>>



now you take that 1% away, h*ll, even 0.1% , and then do the math.....

~S~

 

[rightwinger]

This is what free trade did for Americans Jim>>>



now you take that 1% away, h*ll, even 0.1% , and then do the math.....

~S~

You think tariffs will change that?
It puts a bigger burden on the working class

 

[sparky]

You think tariffs will change that?

this is the result of lack of them....

It puts a bigger burden on the working class

what working class?

~S~

 

[rightwinger]

what working class?

~S~

You know…People who actually have to work to survive

 

[JimH52]

jimmy how come you only comment on those who agree with you?...

You don't read much, do you?

 

[JimH52]

This is what free trade did for Americans Jim>>>



now you take that 1% away, h*ll, even 0.1% , and then do the math.....

~S~

Sparky, you know when someone is ignoring you?

 

[jbrownson0831]

You don't read much, do you?

That's funny coming from a TDSer.....

 

[jbrownson0831]

Sparky, you know when someone is ignoring you?

Of course, ignore anyone who talks sense and loves America.

 

[sparky]

Sparky, you know when someone is ignoring you?

ignorance and arrogance are poor bedfellows Jim

30 years ago the left was screaming like stuck pigs over trade agreements

while the right was focused on a blue dress.....

now because president Trump wants to fix the damage done, that same left is having conniptions

~S~

 

[Harry Dresden]

I warned you……

no you didnt .....