Hello There, Guest! (LoginRegister)

Post Reply 
Another giant turd of a GDP report
Author Message
BuffaloTN Offline
All American
*

Posts: 4,624
Joined: Aug 2011
Reputation: 497
I Root For: Memphis
Location:
Post: #1
Another giant turd of a GDP report
Way to go Brandon!!

https://www.cnbc.com/2021/10/28/us-gross...imate.html

The rate of growth for the U.S. economy slowed to its fastest pandemic-era pace in the third quarter, the Commerce Department reported Thursday.

Gross domestic product, a sum of all the goods and services produced, grew at a 2.0% annualized pace in the third quarter, according to the department’s first estimate released Thursday. Economists surveyed by Dow Jones had been looking for a 2.8% reading.

That marked the slowest GDP gain since the 31.2% plunge in the second quarter of 2020, which encompassed the period during which Covid-19 morphed into a global pandemic that resulted in a severe economic shutdown that sent tens of millions to the unemployment lines and put a chokehold on activity across the country.
10-28-2021 07:53 AM
Find all posts by this user Quote this message in a reply
Advertisement


UofMstateU Offline
Legend
*

Posts: 39,294
Joined: Dec 2009
Reputation: 3592
I Root For: Memphis
Location:
Post: #2
RE: Another giant turd of a GDP report
That confirms that a recession is underway. Captain CrappyPants can only pull off a 2% growth over a prior year that saw a large chunk of the country that was still shutdown.

#LetsGoBrandon!
#BilledBackBetter
#CackleCackleCackle
10-28-2021 07:56 AM
Find all posts by this user Quote this message in a reply
MemTigers1998 Online
Hall of Famer
*

Posts: 14,329
Joined: May 2017
Reputation: 1907
I Root For: Memphis
Location:
Post: #3
RE: Another giant turd of a GDP report
Come on, man! It’s Trumps fault. The redheaded bimbo of misinformation will be out later today to tell us what a mess Biden* inherited and completely ignore that the senile fuktard said be “had a plan” for everything.
10-28-2021 07:57 AM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.