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Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation at 3%

cnbc.com

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Re: Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation at 3%

#2
"...Commerce Department said the deceleration in GDP, which grew at a 4.4% rate in the third quarter, was the result in a pullback in consumer spending and exports, as well as the impact from the government closure..." Funny how everyone seems to focus on the government closure "Economic Growth Slowed in Fourth Quarter, Hurt by Government Shutdown" and hardly mentions the consumer spending pullback. Don't you dare mentioning the "T" word...

Re: Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation at 3%

#3

"...Commerce Department said the deceleration in GDP, which grew at a 4.4% rate in the third quarter, was the result in a pullback in consumer spending and exports, as well as the impact from the government closure..." Funny how everyone seems to focus on the government closure "Economic Growth Slowed in Fourth Quarter, Hurt by Government Shutdown" and hardly mentions the consumer spending pullback. Don't you dare me…

well the Supreme Court mentioned the T word this morning. https://news.ycombinator.com/item?id=47089001

Re: Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation at 3%

#4
post #3

"...Commerce Department said the deceleration in GDP, which grew at a 4.4% rate in the third quarter, was the result in a pullback in consumer spending and exports, as well as the impact from the government closure..." Funny how everyone seems to focus on the government closure "Economic Growth Slowed in Fourth Quarter, Hurt by Government Shutdown" and hardly mentions the consumer spending pullback. Don't you dare me…

well the Supreme Court mentioned the T word this morning. https://news.ycombinator.com/item?id=47089001

Indeed. Depends on what will happen next. Follow the ruling? Or...After all J.D.Vance (US VP)famously said:" The judiciary has decided. Now let them enforce it".