rainman + 263 June 27, 2019 The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter amid slower global growth and a confidence-shaking trade battle between the United States and China. The Commerce Department reports that the gain in the gross domestic product, the broadest measure of economic health, was unchanged from a month ago. However, the components of growth shifted slightly with stronger business investment and consumer spending slowing more than previously estimated. Economists believe growth has slowed sharply in the current April-June quarter to around 2%. They expect similar meager gains for the rest of the year, a forecast that runs counter to the Trump administration’s expectations for strong growth above 3%.  Quote Share this post Link to post Share on other sites
pinto + 293 PZ June 27, 2019 Solid and healthy,but...... Quote Share this post Link to post Share on other sites
ThunderBlade + 231 TB June 27, 2019 It likely will as we head into an election year and there is uncertainty.... Quote Share this post Link to post Share on other sites
Pavel + 384 PP June 27, 2019 People forget one thing: Economists said that the trade wars have a long-term impact rather than short ones, so the US's slowdown will be in a lag of at lease 6 months, depending on the intensified of the trade wars .... Quote Share this post Link to post Share on other sites
damirUSBiH + 327 DD June 27, 2019 1 minute ago, Pavel said: People forget one thing: Economists said that the trade wars have a long-term impact rather than short ones, so the US's slowdown will be in a lag of at lease 6 months, depending on the intensified of the trade wars .... Most economists predicted this from before,  so we’ll see. The fed talking about lowering interest rates isn’t a good sign. Corporate debt bubble getting bigger. Quote Share this post Link to post Share on other sites
francoba + 93 fb June 27, 2019 5 minutes ago, damirUSBiH said: Most economists predicted this from before,  so we’ll see. The fed talking about lowering interest rates isn’t a good sign. Corporate debt bubble getting bigger. Are these the same economist who told us a 3.0 gdp was not sustainable? Do you mean those economist? They predict something? They always commenting after the facts, never before... Quote Share this post Link to post Share on other sites
ronwagn + 6,290 June 28, 2019 14 hours ago, rainman said: The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter amid slower global growth and a confidence-shaking trade battle between the United States and China. The Commerce Department reports that the gain in the gross domestic product, the broadest measure of economic health, was unchanged from a month ago. However, the components of growth shifted slightly with stronger business investment and consumer spending slowing more than previously estimated. Economists believe growth has slowed sharply in the current April-June quarter to around 2%. They expect similar meager gains for the rest of the year, a forecast that runs counter to the Trump administration’s expectations for strong growth above 3%.  If Obama were still President they would be saying how great and wonderful the economy is. Quote Share this post Link to post Share on other sites
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