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Thread: GDP Slows to Crawl in First Quarter, Up 0.1%

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    GDP Slows to Crawl in First Quarter, Up 0.1%

    'The U.S. economy slowed in the first quarter to one of the weakest paces of the five-year recovery as the frigid winter appeared to have curtailed business investment and weakness overseas hurt exports.

    Gross domestic product, the broadest measure of goods and services produced across the economy, advanced at a seasonally adjusted annual rate of 0.1% in the first quarter, the Commerce Department said Wednesday. Economists surveyed by The Wall Street Journal had forecast growth at a 1.1% pace for the quarter.'


    GDP Slows to Crawl in First Quarter, Up 0.1% - WSJ.com

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    Re: GDP Slows to Crawl in First Quarter, Up 0.1%

    Gotta love how they always blame it on the weather.

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    Re: GDP Slows to Crawl in First Quarter, Up 0.1%

    Quote Originally Posted by Taylor View Post
    Gotta love how they always blame it on the weather.
    Really...nothing but excuses.

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    Re: GDP Slows to Crawl in First Quarter, Up 0.1%

    Quote Originally Posted by Taylor View Post
    Gotta love how they always blame it on the weather.
    It snowed in Minnesota.

    Yesterday.

    Yes, this impacts things.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: GDP Slows to Crawl in First Quarter, Up 0.1%

    Quote Originally Posted by Deuce View Post
    It snowed in Minnesota.

    Yesterday.

    Yes, this impacts things.
    La dee dah. I remember two feet of snow in early June back in the 90s. I'm sure it "impacted things" but it didn't bring the economy to a screeching halt.

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    Re: GDP Slows to Crawl in First Quarter, Up 0.1%

    It was a horrible Jan - March. The real measure is what is April - June. If that comes up anemic then we have issues. I am not ready to jump out the window on the Jan - Mar report. My work hasn't even started yet this year because of the weather and I am heavily tied into construction.

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    Re: GDP Slows to Crawl in First Quarter, Up 0.1%

    Its George Bush's fault....

    It isn't just Jan-March, its 2008-2014 and every additional indicator that shows we're in big trouble.

    Housing fell 14.5 Percent last month and 5 years going on 6 with a economy that has to be propped up with unprecedented QE and there are still people that refuse to accept that the people THEY elected are absolutely incompetent and highly dishonest.

    Its not like you Libs weren't warned either. Since 2008 Conservatives and other honest and objective individuals have warning you people of the dire consequences of your actions.

    But ideology pre-empts truth in the Liberal psyche.

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    Re: GDP Slows to Crawl in First Quarter, Up 0.1%

    Quote Originally Posted by Taylor View Post
    Gotta love how they always blame it on the weather.
    By "they" I assume you mean the vast majority of economists?
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: GDP Slows to Crawl in First Quarter, Up 0.1%

    Quote Originally Posted by Taylor View Post
    Gotta love how they always blame it on the weather.
    George Bush is responsible for the weather.

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    Re: GDP Slows to Crawl in First Quarter, Up 0.1%

    Quote Originally Posted by Deuce View Post
    It snowed in Minnesota.

    Yesterday.

    Yes, this impacts things.
    The snow in Minnesota brought the entire country to its knees?

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