Home Forums Politics Atlanta Fed Predicting 5.4% GDP for Q4 🔥

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    • #8057
      PasadenaTrojan
      Participant

    • #8117
      BigBalls
      Participant

      PT, it’s funny that you believe these numbers.
      This is actually very concerning for the economy. The dollar is sinking thru the last year  at a level not seen in 50 years. Yes, 50 years. You can show high growth when your currency is sinking in such a drastic manner. I spent some time today analyzing the numbers. The growth you mistakenly want to crow about shows USD to USD as a percentage, the first clue since it isn’t adjusted for inflation. Further, comparing growth in Q4 to Q2 or Q3 is fallacious because the dollar was worth a lot more in the early part of the year relative to other currencies. As an example look at GDP growth in developing countries, when they devalue their currency their growth rate jumps.
      If the numbers were really good Trump  wouldn’t be pushing for lower rates like he us. 5.4% growth in a quarter where we had net job losses? Lmao. Only the truly gullible can believe that.

      • This reply was modified 2 days, 12 hours ago by BigBalls.
    • #8165
      BigBalls
      Participant

      Hmmmm, oh but manufacturing jobs  came back right? right? Oh no…

      in 2025, the U.S. manufacturing sector experienced job losses, with estimates suggesting around
      60,000 to 70,000 jobs lost cumulatively by late 2025, following a trend of declines that began mid-year, influenced by factors like new tariffs and a broader economic slowdown, despite some earlier job growth in other sectors. Specific reports indicated losses of roughly 58,000 to 94,000 jobs over the year leading up to late 2025, with losses accelerating after April 2025 tariff announcements.

       

      This is before the revisions too. Buckle up ladies.

       

      • This reply was modified 2 days, 1 hour ago by BigBalls.
      • This reply was modified 2 days, 1 hour ago by BigBalls.
    • #8169
      PasadenaTrojan
      Participant

      Service level stuff Geraldo.

      Now look at private vs public sector job numbers

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