Fed Model Shows Signs of Stalled Economy

[DonViejo]

March 5, 2019 at 8:14 am EST By Taegan Goddard

“The Atlanta Fed’s GDPNow model is known for predicting GDP readings that start out exceedingly high and eventually recoil back to trend,” Axios reports.

“But Monday’s reading shows expectations for just 0.3% growth in the first quarter of 2019. It followed a weak U.S. construction spending report that badly missed expectations.”

###

https://politicalwire.com/2019/03/05/fed-model-shows-signs-of-stalled-economy/

[empedocles]

1. Home sales have been dropping signficantly for over 1.5 years [Nat Assn Realtors].

[Achilleaze]

2. republicans always screw over America's economy

This is the bitter lesson of history.