Quote:
Originally Posted by MrBaldBastard
GDP forecast was out for USA yesterday, must of been HUGE news in the USA ?
"The new GDP estimate was down slightly from an initial 3.2% estimate. For the current April-June quarter economists believe GDP growth will slow to less than 2% and for the year they see GDP rising a modest 2.3%. That forecast is far below the expectations of the Trump administration, which is projecting annual GDP gains averaging 3% over the next decade
https://www.foxnews.com/us/us-econom...3-1-rate-in-q1
Keep in mind the current blowout budget needs at least 3%, ;) |
Of course, we're in an almost full blown trade war with China which will have a large impact on GDP.