Friday, April 26, 2019

CNBC's lede in GDP story this morning got it wrong by two years

Here's the lede out of the box this morning, still up at Yahoo:

The U.S. economy grew at a faster pace than expected in the first quarter and posted its best growth to start a year in six years. . . .  It was the first time since 2013 that first-quarter GDP topped 3%.

That wasn't at all true, of course. CNBC has since revised the story to this:

The U.S. economy grew at a faster pace than expected in the first quarter and posted its best growth to start a year in four years. . . . It was the first time since 2015 that first-quarter GDP topped 3%.

Must be a hangover at work from the awful Obama years when Q1GDP kept digging holes in the basement.