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In reply to the discussion: G.D.P. Grew at 1.9% Rate in Quarter, a New Sign of Slowdown [View all]progree
(10,909 posts)13. Here's the official Bureau of Economic Analysis release
Last edited Wed Oct 30, 2019, 10:48 AM - Edit history (3)
https://www.bea.gov/data/gdp/gross-domestic-productI wish their graph extended back further ...
Well, BumDaRushShow (below ) found one from 2013 through 2017, so I'll post it here so one can see the two graphs together:
CAUTION: the vertical scales of the two graphs are way different
And beyond that, they sure look different numerically as well, e.g. between the 2 graphs, compare 2016 and the first 2 quarters of 2017
There's this from FRED that goes back all the way to 1950 (but one can set the from and to dates in the boxes above the graph, or move the slider below the graph)
Sorry I don't know how to embed without making a snapshot and posting it on Imgur or somesuch
https://fred.stlouisfed.org/series/A191RL1Q225SBEA
EDITED TO ADD: I went ahead and did one: from Q4 2009 to Q3 2019 1st estimate (so as to show the Obama years and Trump years together :smile: , leaving off the Bush Great Recession dive into 2009)
The White House Council of Economic Advisers will no doubt 'splain it all to us, but as of 9:40 AM ET, nothing yet.
https://www.whitehouse.gov/cea/
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That isn't the narrative the financial networks are pushing. Just the opposite
still_one
Oct 2019
#3
I am not debating you gab, just saying the financial networks have been covering for trump for two
still_one
Oct 2019
#9
However as we go into the final quarter, it fails with respect to the Administration's "predictions"
BumRushDaShow
Oct 2019
#7
The economists polled by MarketWatch expect Friday's jobs report to show only 73,000 jobs
progree
Oct 2019
#17
Thanks! Very interesting. Looks like the economy has gotten a lot "tamer" in the last 3 decades
progree
Oct 2019
#23
Well the "w" and the "s" are adjacent and just a row apart on a standard keyboard so...
BumRushDaShow
Oct 2019
#27