To: Red Badger
"The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 4.5 percent on June 27, down from 4.7 percent on June 19," the Federal Reserve Bank of Atlanta said in its latest GDPNow report. If it comes in at 3.5%, it will be wonderful news, 4.5% will blow the doors off of the demonRATS hope for a blue wave.
5 posted on
06/27/2018 9:39:17 AM PDT by
USS Alaska
(Kill all mooselimb, terrorist savages, with extreme prejudice! Deus Vult!)
To: USS Alaska
It would be nice but the Atlanta Fed is usually wrong on GDP by a lot. The economic fundamentals are weakening again. Due to demographics and slowing innovation, the U.S. (and no other advanced economy) will likely ever see 4-5% growth again. I’m not trying to be a downer, but there are real reasons why the GDP growth has steadily fallen over the past 50 years.
11 posted on
06/27/2018 9:59:50 AM PDT by
Vaden
(First they came for the Confederates... Next they came for Washington... Then they came...)
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