Come on "Li'l buddy"....why didn't you post the updated (final) revision to Q1 GDP that was released yesterday? You were so quick to post the negative first revision and include links to all the end of worlders out there. Where are you?
http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm
How come you aren't posting the updated forecasts for Q2 GDP? You were very quick to post the initial outlook.
Latest forecast — June 23, 2015
https://www.frbatlanta.org/cqer/research/gdpnow.aspx
Obviously, you don't post this information because it is better news and doesn't fit your (and the rest of the right wing moron crew's) "I hate America" agenda.
You may now post the completely predictable "I don't trust anything the gov't says" BS...
Real gross domestic product -- the value of the production of goods and services in the United States, adjusted for price changes -- decreased at an annual rate of 0.2 percent in the first quarter of 2015, according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.2 percent.
The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the decrease in real GDP was 0.7 percent. With the third estimate for the first quarter, exports decreased less than previously estimated, and personal consumption expenditures (PCE) and imports increased more (see "Revisions" on page 3).
The decrease in real GDP in the first quarter primarily reflected negative contributions from exports, nonresidential fixed investment, and state and local government spending that were partly offset by positive contributions from PCE, private inventory investment, and residential fixed investment. Imports, which are a subtraction in the calculation of GDP, increased.
http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm
How come you aren't posting the updated forecasts for Q2 GDP? You were very quick to post the initial outlook.
Latest forecast — June 23, 2015
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2015 was 2.0 percent on June 23, up from 1.9 percent on June 16.
https://www.frbatlanta.org/cqer/research/gdpnow.aspx
Obviously, you don't post this information because it is better news and doesn't fit your (and the rest of the right wing moron crew's) "I hate America" agenda.
You may now post the completely predictable "I don't trust anything the gov't says" BS...