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Thread: Q1 GDP revised to 0.1%

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    Senior Member Cowtown's Avatar
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    Default Q1 GDP revised to 0.1%

    0.1%. That's not a typo

  2. #2
    Senior Member road kill's Avatar
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    Quote Originally Posted by Cowtown View Post
    0.1%. That's not a typo
    Add to that 6.3% vs 98,000,000+

    Just doesn't add up...................maybe someone has a chart or graph to reconcile this stuff?
    Stan b & Elvis

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    Senior Member Cowtown's Avatar
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    Quote Originally Posted by road kill View Post
    Add to that 6.3% vs 98,000,000+

    Just doesn't add up...................maybe someone has a chart or graph to reconcile this stuff?
    Yep. 503,000 left the workforce in March, followed by 806,000 in April.

    Si se puede. Forward.

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    Senior Member schusker's Avatar
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    "If health-care spending had been unchanged, the headline GDP growth number would have been -1.0%," Shepherdson said.
    A BEA representative said the uptick "reflects additional spending associated with the implementation of the Affordable Care Act."


    Read more: http://www.businessinsider.com/obama...#ixzz30wDRrgcu
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    Senior Member menmon's Avatar
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    I think a frozen country had something to do with that. I would not bet the economy is weakening. It may be the third quarter before you see it given how cold it was during much of the 2nd quarter, but 2014 will post a strong GDP.

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    Senior Member Buzz's Avatar
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    Mike, I often wonder how you ended up where you're at on economic issues after attending a school that teaches "fresh water economics." I believe you understand that isn't a criticism of your views coming from me...
    "For everyone to whom much is given, of him shall much be required." -- Luke 12:48

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    Buzzy...you said it so well.....

    I always wonder how any truly educated Liberal could look at the economy like they do? It is the ultimate Oxymoron! (Educated Liberal)

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    D's always have the weather to blame even when it is a event in another country. If the numbers are not good in the third quarter, there is hope, we will be in the middle of hurricane season. Even though they wouldn't really have any impact until the 4th quarter it could be used twice. Be thankful for the scape goat of global warming.

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    Senior Member roseberry's Avatar
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    easy now swampy. it's highly logical that weather has impact on growth/consumer spending. new bikinis and sea breezes have always cost more than new pac boots and swiss miss!(not to over simplify)

    pent up demand, pent up demand, pent up demand, pent up demand........just keep saying it, its gotta be true!
    john mccallie

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    Senior Member Cowtown's Avatar
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    Quote Originally Posted by menmon View Post
    I think a frozen country had something to do with that. I would not bet the economy is weakening. It may be the third quarter before you see it given how cold it was during much of the 2nd quarter, but 2014 will post a strong GDP.
    Please define your idea of strong.

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