The Biden Years | U.S. GDP Growth Disappoints

U.S. GDP Growth Disappoints

U.S. economic growth for the first quarter fell far short of forecasts.

Inflation-adjusted gross domestic product grew at an annualized rate of 1.6% in the first quarter, according to an initial estimate the Bureau of Economic Analysis released today. That was below the 2.2% growth that economists surveyed by FactSet had expected.

The slowdown largely reflected a pullback of growth in consumer spending, as well as exports and outlays by the government.

Ref: www.barrons.com

Comments

Post a Comment

Popular posts from this blog

Court Shams America With Another Heavily Redacted Docment | Jeffrey Epstein list: Full court document

Image
Jeffrey Epstein list: Full court document "Wednesday's release comes after those names were previously redacted from court documents in the lawsuit against Epstein's former girlfriend Ghislaine Maxwell. U.S. District Judge Loretta Preska ordered the names to go public in December 2023, but gave the Jane and John Does of the lawsuit two weeks in case they wanted to appeal. Moments after the so-called Epstein list was released, a website listing the names – CourtListener.com – crashed. In one of the documents, a deposition transcript says Epstein once told Johanna Sjoberg, one of the accusers against the disgraced financier, that "Clinton likes them young," when referring to girls." ... Click here for the screenshots of the pubically-released document that includes the names. Ref: www.fox7austin.com
Read more

White Hate | Boston Mayor Michelle Wu's 'No-Whites Allowed' Christmas Party

Boston Mayor Plans Secret No-Whites Allowed Christmas Party Michelle Wu is the Democratic mayor of Boston. She is hosting a secret holiday party this week. But there’s a catch: no whites allowed. However, her aide accidentally sent out the invite to all councilors and not just to the “electeds of color,” as intended. The aide sent a follow-up email 15 minutes later apologizing for the invite, clarifying that only people of color are invited. She asked the white council members to, please, not attend. Ref: www.outkick.com
Read more