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Re: U.S. Revises G.D.P. Down to 2.4% From 3.2% in Fourth Quarter 

By: killthecat in FFFT | Recommend this post (1)
Fri, 28 Feb 14 7:32 PM | 62 view(s)
Boardmark this board | Food For Further Thought 		Msg. 61610 of 65535
(This msg. is a reply to 61609 by clo)
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Not Good! Weakness began in December coincidental with Fed tapering.

Does the Obama economy have legs, or is it just an inequitable reaction to the flood of Free Obama Money?

When will the Fed taper again? It appears that the scum at the Fed notified their scummy friends on Wall Street that tapering would be delayed, hence the recent stock market rally.

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The above is a reply to the following message:
U.S. Revises G.D.P. Down to 2.4% From 3.2% in Fourth Quarter
By: clo in FFFT
Fri, 28 Feb 14 6:46 PM 		Msg. 61609 of 65535

U.S. Revises G.D.P. Down to 2.4% From 3.2% in Fourth Quarter

The economy grew at a slower pace in the fourth quarter of 2013 than first thought, weighed down by disappointing retail sales, inventory adjustments and a less robust trade balance.

The Commerce Department said Friday it now estimates the economy grew by 2.4 percent in October, November and December, down from an initial estimate of 3.2 percent released on Jan. 30.

Economists had been expecting the government to revise the estimated rate of growth downward to 2.5 percent.

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http://www.nytimes.com/2014/03/01/business/economys-growth-was-slower-in-fourth-quarter.html?emc=edit_na_20140228

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