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Thread: GDP Trouble!

  1. #13

    Default Re: GDP Trouble!

    U.S. Growth Slowed in Recent Months Amid Elevated Prices, Fedís Beige Book Says

    Companies were burdened with supply-chain disruptions and higher costs, report shows

    U.S. economic growth slowed to a modest to moderate rate this fall as firms confronted supply-chain disruptions, elevated prices, a shortage of available workers and fears around the Delta variant of Covid-19, the Federal Reserve said Wednesday.
    https://www.wsj.com/articles/u-s-gro...hare_permalink
    Tom
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  3. #14

    Default Re: GDP Trouble!

    Hmm. Is it 2.0% or 0.2% as GDPNow estimates?


    Economic growth rate slows to 2% on a sharp slowdown in consumer spending


    KEY POINTS
    The U.S. economy grew at a 2% annualized pace in the third quarter, its slowest increase since the end of the 2020 recession.

    Decelerations in consumer spending and residential investment helped keep the number lower.

    Weekly jobless claims fell more than expected last week to a fresh pandemic-era low of 281,000, below the 289,000 estimate.
    https://www.cnbc.com/2021/10/28/us-g...-estimate.html
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

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  5. #15

    Default Re: GDP Trouble!

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

  6.  
  7. #16

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    Default Re: GDP Trouble!

    WoW! Should we buy BITCOIN?
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