Breaking: Terrible GDP report just dropped… halfway to recession

[Meister]

citygator wont give you one but i am happy to…3rd qtr gdp is expected to at 4 percent growth

GDPNow

GDPNow forecasting model provides a "nowcast" of the official estimate prior to its release by estimating GDP growth using a methodology similar to the one used by the US Bureau of Economic Analysis.

www.atlantafed.org

Sadly, the GDP will slip off the 4% gain because of the Schumer Shutdown.
Probably by 1%-1 1/2%. Some will be recovered in the next quarter, but some will be just lost due to the shutdown.
Thank you dems, party over people.

 

[struth]

#fail

Yea a 4 percent gdp growth really makes your post fail

 

[Meister]

#fail

If it is a fail, it's not because of policy, it's because of
the commie party you belong to, CG.

 

[Meister]

BOTH PARTYS A MESS,
and things not looking like they will get better any time soon.

Democrat party is in a full blown transition, for sure.

 

[citygator]

Yea a 4 percent gdp growth really makes your post fail

Shifting imports around from Q1 to Q2 isn’t GDP. It’s a 1.7% growth rate dipshit.

 

[struth]

Shifting imports around from Q1 to Q2 isn’t GDP. It’s a 1.7% growth rate dipshit.

I don’t think you understand, how you define GDP isn’t really GDP

We have had two massive gdp qtrs after coming out of the xiden admin in the first qtr

Massive win for Americans

 

[citygator]

I don’t think you understand, how you define GDP isn’t really GDP

We have had two massive gdp qtrs after coming out of the xiden admin in the first qtr

Massive win for Americans

GDP growth to date is under 2%. Import swings have no long term impact on gdp.

 

[struth]

GDP growth to date is under 2%. Import swings have no long term impact on gdp.

3rd qtr gdp is 4 percent
2nd qtr 3.8 percent
1st qtr -.5

I don’t think you know how to do math if you think that makes an YtD of 2

But then you don’t seem to think the massive growth since coming out of the xiden admin is good

 

[citygator]

3rd qtr gdp is 4 percent
2nd qtr 3.8 percent
1st qtr -.5

I don’t think you know how to do math if you think that makes an YtD of 2

But then you don’t seem to think the massive growth since coming out of the xiden admin is good

Q3 hasn’t been released yet. Just like unemployment and inflation are being hidden.

 

[struth]

Q3 hasn’t been released yet. Just like unemployment and inflation are being hidden.

True but as a highlighted the feds predicting 4

BLS numbers haven’t. Been released yet cause you all shut the govt down until this week

 

[JimH52]

Sure GDP grew at 1.7% ytd which is low and we’ve been shedding jobs. You’re welcome.

But trump only sees a wonderful economy.

 

[struth]

But trump only sees a wonderful economy.

Of course we had 3.8 growth in the second qtr and the Fed is saying the third is around 4 percent

How’s that not wonderfu after coming out of the -.5 coming out of the xiden admin?

 

[g5000]

Sadly, the GDP will slip off the 4% gain because of the Schumer Shutdown.

.
And because of the Trump Tariff Disaster.

.

 

[otto105]

Sure GDP grew at 1.7% ytd which is low and we’ve been shedding jobs. You’re welcome.

The US monthly deficit hit 284 billion in October.

 

[g5000]

The US monthly deficit hit 284 billion in October.

I blame Antifa.

 

[otto105]

I blame Antifa.

And the grifter cheeto gets all wet over taxing Americans 33 billion in tariffs.

 

[Fort Fun Indiana]

And keep in mind, the decrease in imports has inflated the GDP number.

 

[protectionist]

And the grifter cheeto gets all wet over taxing Americans 33 billion in tariffs.

The tariffs are money coming IN, not out - becoming big check$$$$ for Americans in upcoming months - we will see.

Be careful about denying this. If/whever the check$$$$ do arrive, you'll look pretty stupid.

 

[Fort Fun Indiana]

The tariffs are money coming IN, not out -

Yes, that's what taxes do.

 

[otto105]

The tariffs are money coming IN, not out - becoming big check$$$$ for Americans in upcoming months - we will see.

Be careful about denying this. If/whever the check$$$$ do arrive, you'll look pretty stupid.

Our budget deficit in October was 284 Billion. The tariff taxation on Americans was only 33 Billion in same timeline.

How does that math work.