This is HUGE when you consider it with last year. All this BS talk about a recession is exactly that.
I actually believe that next year’s Annual real GDP rate (2019) is going to be better than this year which will be close
Keep in mind that China 🇨🇳 stopped buying our soybeans and pork for the better part of 2018. The exact opposite is going to happen in 2019.
No one is talking about the 3rd and final estimate for the third quarter real GDP rate that came out on Friday for two major
You can find the report below:
From the article linked above:
1) PCE IS ANOTHER LOOK AT INFLATION USING A DIFFERENT LENSE THAN CPI
The price index for gross domestic purchases increased 1.8% in the
Excluding food and energy prices, the PCE price index increased 1.6%, compared with an increase of 2.1%.
2) THIS BELOW
Real gross domestic income (GDI) increased 4.3% in the third quarter, compared with an increase of 0.9% in the second quarter.
The average of real GDP and real GDI, a supplemental
They also know that the ECONOMY will be the NUMBER 1 issue for voters when they select their candidate to be President in 2020.