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| Economy |
| Economy to grow at 5.4% rate in first quarter, Atlanta Fed tracker shows (video) |
| 2018-02-02 |
| [NCBC] The economy is on track to put up blockbuster growth numbers in the first quarter, according to the latest forecast from the Atlanta Fed. GDP is expected to surge 5.4 percent to start 2018, the central bank branch estimated in its latest rolling look at how the economy is progressing. If the forecast holds, it would be the best quarter since the Great Recession ended in 2009. The previous highest was third quarter of 2014, which hit 5.2 percent. However, the Atlanta Fed's tracker has shown to have reliability issues in the past. In particular, the model's sensitivity to the ISM manufacturing index has led the gauge astray multiple times, causing growth to be overstated. |
| Posted by:Besoeker |
| #6 But but, Obama! Or some other Dhimicrap coming rant. |
| Posted by: Woodrow 2018-02-02 13:34 |
| #5 200,000 new jobs. Smell the Donk fear |
| Posted by: Frank G 2018-02-02 10:22 |
| #4 Repeal Obamacare; watch it go to 6% or higher. |
| Posted by: Raj 2018-02-02 10:12 |
| #3 Maybe we have found the secret to financial success; the donks doing nothing. |
| Posted by: U. Slirt7126 2018-02-02 09:23 |
| #2 ...This is definitely big - but of it holds up through second quarter...let's just say that if you think the Democrats are panicking now, you ain't seen nothin' yet. Mike |
| Posted by: Mike Kozlowski 2018-02-02 08:46 |
| #1 Looking good for America. Go ahead and resist. Continue doing nothing. |
| Posted by: Dale 2018-02-02 07:31 |