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Jul 27 2018 01:29pm
Quote (Black XistenZ @ Jul 27 2018 02:26pm)
source?


https://www.google.com/amp/s/www.nytimes.com/2018/07/27/business/economy/economy-gdp.amp.html

Quote
■ United States gross domestic product rose at an annual rate of 4.1 percent in the second quarter, up from 2.2 percent in the first three months of the year. It was the strongest quarter of growth since 2014.

■ Consumer spending rose 4 percent, but private investment fell slightly as the housing market cooled.

■ Exports rose 9.3 percent, driven in part by a surge in soybean shipments tied to President Trump’s trade policies.

■ Consumer prices rose at a 1.8 percent annual rate.


Naturally I’ve seen very little discussion on this in the msm nor in the chaos of sanctuary that is p&rd

This post was edited by IgoSoHard on Jul 27 2018 01:34pm
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Jul 27 2018 01:35pm
Quote (IgoSoHard @ 27 Jul 2018 21:29)


4.1% quarterly growth in Q2/2018, and 2.2% in Q1/2018 - this doesnt add up to an annual growth rate of 4%...

quarterly growth rates fluctuate quite a lot, based on the weather also because they encompass a smaller period of time where singular events exert a larger influence.

dont get me wrong, those are rock-solid numbers, and a mean growth rate of 3.45% in 2018 so far with an annual consumer price inflation of "just" 1.8% is fantastic news.
but overall, that's still quite a bit below 4% annual growth.
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Jul 27 2018 01:41pm
Quote (Black XistenZ @ Jul 27 2018 01:35pm)
4.1% quarterly growth in Q2/2018, and 2.2% in Q1/2018 - this doesnt add up to an annual growth rate of 4%...

quarterly growth rates fluctuate quite a lot, based on the weather also because they encompass a smaller period of time where singular events exert a larger influence.

dont get me wrong, those are rock-solid numbers, and a mean growth rate of 3.45% in 2018 so far with an annual consumer price inflation of "just" 1.8% is fantastic news.
but overall, that's still quite a bit below 4% annual growth.


corporations also use Q1 to set up their budgets for the year for new projects after analysis of previous Q4. Q2 is generally a spending spree, Q3 drops in the same cycle, and Q4 is a spending spree to clear out fiscal year budgets.
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Jul 27 2018 01:52pm
Quote
Take the 2.2% growth in the first quarter and the 4.1% rate of the second, and it averages out to 3.15%. Macroeconomic Advisers on Friday projected third-quarter GDP growth of 3.1%. Growth in 2018 north of 3% seems eminently achievable, as long as there’s no stumble in the fourth quarter.

-marketwatch.com
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Jul 27 2018 02:33pm
Quote (IgoSoHard @ Jul 27 2018 03:29pm)
https://www.google.com/amp/s/www.nytimes.com/2018/07/27/business/economy/economy-gdp.amp.html



Naturally I’ve seen very little discussion on this in the msm nor in the chaos of sanctuary that is p&rd


Trump can't be made to look good on TV ever. It'll ruin the narrative.
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Jul 27 2018 02:35pm
Quote (IgoSoHard @ Jul 27 2018 02:29pm)
https://www.google.com/amp/s/www.nytimes.com/2018/07/27/business/economy/economy-gdp.amp.html



Naturally I’ve seen very little discussion on this in the msm nor in the chaos of sanctuary that is p&rd


SOY
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Jul 27 2018 02:36pm
Quote (Horford @ 27 Jul 2018 15:52)
-marketwatch.com


oh yeah now 3.0%+ is feasible says the media. what was their story before again:

http://money.cnn.com/2017/05/24/news/economy/trump-obama-economic-forecasts/index.html - Reality check on Trump's economic growth forecasts
https://www.vox.com/policy-and-politics/2017/5/23/15674512/trump-budget-economic-growth - Donald Trump’s budget relies on magic economic growth. Three percent per year is a lot less reasonable than it sounds.
http://www.latimes.com/business/hiltzik/la-fi-3percent-20170519-story.html - If Trump thinks he can get more than 3% economic growth, he's dreaming
https://www.cnbc.com/2017/09/25/economists-dont-buy-trumps-3-percent-gdp-growth-target.html - Economists don’t buy Trump’s 3 percent GDP growth target
https://www.npr.org/sections/goatsandsoda/2017/05/23/529711005/one-huge-problem-with-trumps-promise-to-grow-the-u-s-economy - One Huge Problem With Trump's Promise To Grow The U.S. Economy
https://www.vanityfair.com/news/2017/07/trump-does-not-appear-to-understand-basic-economics - TRUMP DOES NOT APPEAR TO UNDERSTAND BASIC ECONOMICS. Does the president know how G.D.P. growth works? The evidence is not encouraging.
https://www.cnbc.com/2017/05/24/heres-why-trumps-3-percent-growth-target-doesnt-add-up.html - Here's why Trump's 3 percent growth target doesn't add up



Quote (Black XistenZ @ 27 Jul 2018 15:26)
source?


really :ph34r:

https://data.bls.gov/timeseries/LNS14000000
https://www.bea.gov/newsreleases/glance.htm

unemployment avg in Q2 '18 = 3.9%
gdp growth in Q2 '18 = 4.1%
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Jul 27 2018 02:44pm
Quote (Brian_D @ Jul 27 2018 03:27pm)
One has to ask, would the eco be the same regardless of who won the presidency?


You guys are so desperate. Its getting better by the day
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Jul 27 2018 03:23pm
Quote (EndlessSky @ Jul 27 2018 01:44pm)
You guys are so desperate. Its getting better by the day


You guys? I dont have a dog in this fight. Just trying to be impartial.. Be honest about it for fuck sake.
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Jul 27 2018 03:39pm
Quote (Brian_D @ Jul 27 2018 05:23pm)
You guys? I dont have a dog in this fight. Just trying to be impartial.. Be honest about it for fuck sake.


How many points did the DOW go up after Trump won? Derp

& Dont even try to play that game. You literally have only one opinion in all of your posts

This post was edited by EndlessSky on Jul 27 2018 03:40pm
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