Wednesday, February 28, 2018

Some roaring economy: 4Q2017 real GDP revised DOWN today to 2.5% in second estimate

That's down from 2.6% in the first estimate.

3Q2017 real GDP was 3.2%, indicating the economy slowed down on an annualized basis in the fourth quarter by almost 22%.

Blame it on the hurricanes if you want, but growth for all of 2017 comes in at a paltry 2.3%. That's up from 2016's measly 1.5%, but so far, Trump's 3%-4% growth is nowhere to be seen.

And neither is The Wall.