First quarter 2019 looks like 1.5%. He is such a fuck up. https://www.independent.co.uk/news/...trade-war-a8843946.html?utm_source=reddit.com
trump Slows the Economy to 2.2 Final 2018 Quarter
- Thread starter katzgar
- Start date
Kiplinger:
"The federal government shutdown in January will drag down reported first-quarter 2019 GDP growth, but the slowdown will be temporary. Second-quarter growth should rebound strongly, and growth should average at least 2.5% for the entire year.
Growth was a decent 2.6% in the fourth quarter of 2018, following strong growth in the second and third quarters. Consumer spending grew 2.8% in the fourth quarter and will likely grow about the same in 2019. Income growth should still be strong because of low unemployment and lots of folks working."
"The federal government shutdown in January will drag down reported first-quarter 2019 GDP growth, but the slowdown will be temporary. Second-quarter growth should rebound strongly, and growth should average at least 2.5% for the entire year.
Growth was a decent 2.6% in the fourth quarter of 2018, following strong growth in the second and third quarters. Consumer spending grew 2.8% in the fourth quarter and will likely grow about the same in 2019. Income growth should still be strong because of low unemployment and lots of folks working."
evince
Truthmatters
REMEMBER WHEN Obama WAS BLASTED by all you assholes for 2.6 not being fast enough of a recovery?????
For some weird reason, none of the promises and predictions Republicans made concerning their trickle down tax cut scheme seem to be panning out.
We have record deficits, slowing economy, flat lining stock market, and people pissed off about getting smaller tax refunds.
The fecal conservatives are no longer concerned w/ deficits, especially record deficits & especially if it benefits the trumpfs & their class of thieves..
A Weak First Quarter in 2019 for U.S. GDP; Second-Quarter Rebound Ahead
https://www.kiplinger.com/article/business/T019-C000-S010-gdp-growth-rate-and-forecast.html
The federal government shutdown in January will drag down reported first-quarter 2019 GDP growth, but the slowdown will be temporary. Second-quarter growth should rebound strongly, and growth should average at least 2.5% for the entire year.
Growth was a decent 2.6% in the fourth quarter of 2018, following strong growth in the second and third quarters. Consumer spending grew 2.8% in the fourth quarter and will likely grow about the same in 2019. Income growth should still be strong because of low unemployment and lots of folks working. Government spending and housing construction will contribute modestly to growth, and businesses are adding to inventories. However, business investment is slowing markedly because of the uncertain outlook.
Trade is likely to detract from growth, as slowing growth in overseas economies hurts exports. The added uncertainty of the U.S.-China trade war could create knock-on effects that slow business investment plans, and the need to rejig supply chains will reduce productivity and increase costs.
Source: Department of Commerce: GDP Data
https://www.kiplinger.com/article/business/T019-C000-S010-gdp-growth-rate-and-forecast.html
The federal government shutdown in January will drag down reported first-quarter 2019 GDP growth, but the slowdown will be temporary. Second-quarter growth should rebound strongly, and growth should average at least 2.5% for the entire year.
Growth was a decent 2.6% in the fourth quarter of 2018, following strong growth in the second and third quarters. Consumer spending grew 2.8% in the fourth quarter and will likely grow about the same in 2019. Income growth should still be strong because of low unemployment and lots of folks working. Government spending and housing construction will contribute modestly to growth, and businesses are adding to inventories. However, business investment is slowing markedly because of the uncertain outlook.
Trade is likely to detract from growth, as slowing growth in overseas economies hurts exports. The added uncertainty of the U.S.-China trade war could create knock-on effects that slow business investment plans, and the need to rejig supply chains will reduce productivity and increase costs.
Source: Department of Commerce: GDP Data
StoneByStone
It's OK to Be White
I hope not. America can recover from a recession. Recovering from Fascism will be a lot harder.
When will you idiots ever grow a brain. Do you realize how many factors effect the economy.
Watch housing starts they are down. That’s a better indicator than the DOW.
Check NBCnews.com. Fourth quarter GDP growth hits 2.6%, beating estimates but shy of 3% annual target.
I don’t credit this to any one factor any more than I point fingers at any one factor when there is something negative in the economy.
Are you the same asshole that posts Trump crashes the DOW every time there is an adjustment in the market.
Tell me dumb dumb how did this news of a slowing economy affect you?
people pissed off about getting smaller tax refunds.[/QUOTE]
I want to know why people think getting a tax refund is so great.
Are people stupid to think the government is giving them extra money.
Are people smart enough to know they are simply getting back their own money that the government used for the year interest free.
I want to know why people think getting a tax refund is so great.
Are people stupid to think the government is giving them extra money.
Are people smart enough to know they are simply getting back their own money that the government used for the year interest free.
the China trade talks and Congress ratifying NAFTA 2 are very important to GDP/ Neither is a sure thing
you are a moron... trump promised 3% and it hasnt been there. Will you ever quit being stupid.
Thank you for proving my point you stupid ass.
Obama had the third lowest GDP since Eisenhower (2.1). Of course that’s what he wanted, right.
If the president controls the entire economy and effects the DOW and GDP as you claim, why didn’t Obama take action to improve GDP.
Let’s all blame Obama for the third lowest GDP growth since the 50’s.
Stay in school sonny. You are still a 5 watt in a 100 watt world.
Getin the ring
Verified User
#MAGA baby
we got your back Donald J.
6 more years may put these nut-bags in their graves, TDS is an affliction
PostmodernProphet
fully immersed in faith..
so it only ended at 5.2% for the year?......
https://www.bea.gov/news/2019/initial-gross-domestic-product-4th-quarter-and-annual-2018
Getin the ring
Verified User
don't entertain katzgar, he's a troll.
TDS is an affliction
TDS is an affliction