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GDP Growth in Q4 again Surpasses Expectations

Discussion in 'Too Hot for Swamp Gas' started by mdgator05, Jan 25, 2024.

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  1. Jan 25, 2024 #1
    mdgator05

    mdgator05 Premium Member

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    Q4 GDP was released today. Here are the highlights.

    Data on inflation, down to 2% annualized for the quarter, which is the Fed target rate:

    This was across sectors. 2.8% increase in personal expenditures, 3.7% increase in state and local government spending, 2.5% increase in federal government spending, and 2.1% increase in private investments.

    Basically, a quarter of broad economic growth while inflation substantially declined.

    https://www.cnbc.com/2024/01/25/gdp...point3percent-pace-in-the-fourth-quarter.html
     
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  2. Jan 25, 2024 #2
    citygator

    citygator VIP Member

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    [​IMG]
     
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  3. Jan 25, 2024 #3
    enviroGator

    enviroGator GC Hall of Fame

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    Biden just making it look easy now.

    Wake up Trumpaloons, your boy is getting lapped!
     
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  4. Jan 25, 2024 #4
    enviroGator

    enviroGator GC Hall of Fame

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    Robust growth, low inflation, low unemployment.... wow. Is there anything Biden isn't great at!?!
     
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  5. Jan 25, 2024 #5
    sierragator

    sierragator GC Hall of Fame

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    has to be fake news, right?
     
  6. Jan 25, 2024 #6
    BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

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    Yeah but the cost of maintaining my fleet of jetskis has increased considerably in the last 3 years. I’m not sure how I’ll manage.
     
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  7. Jan 25, 2024 #7
    citygator

    citygator VIP Member

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    I am struggling because my house continues to go up in equity. I am very concerned no one will be able to buy my house from me without making me wealthier.
     
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  8. Jan 25, 2024 #8
    dangolegators

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    This is gonna make some people very unhappy. I'm sure they'll eventually be here when they've figured out how to spin it.
     
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  9. Jan 25, 2024 #9
    obgator

    obgator GC Hall of Fame

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    Quick, look over there - a horde of migrant caravans.

    or time for the:
    upload_2024-1-25_10-40-0.png
     
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  10. Jan 25, 2024 #10
    citygator

    citygator VIP Member

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    Thoughts and prayers to righties hoping for an economic collapse.
     
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  11. Jan 25, 2024 #11
    GatorWon

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    1. Gas is cheap
    2. Ammo is available
    3. Toilet paper hoarders from the pandemic are beginning to think that their investment may not pan out.
     
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  12. Jan 25, 2024 #12
    G8trGr8t

    G8trGr8t Premium Member

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    Messaging, advancing the next generation of leaders..this economy is a product of the fed, potus gets way too much blame or credit either way
     
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  13. Jan 25, 2024 #13
    G8tas

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    Grandpa Joe told the Fed that we needed a strong economy and they listened
     
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  14. Jan 26, 2024 #14
    gatorpa

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    2 Trillion dollar budget deficit, all that spending Econ should be good no?
     
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  15. Jan 26, 2024 #15
    citygator

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    No link. Heard TRUMP advisor Kudlow say he was wrong about the economy today and Biden should be bragging about the economy.
     
  16. Jan 26, 2024 #16
    FutureGatorMom

    FutureGatorMom Premium Member

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    Neither side can win. trumph just said the other day that this strong economy was running "on the fumes" of his economy! President has nothing to do with the economy when it's the other guys. Always depends on who is in the WH. The economy starts and stops with each swearing in. Twists and turns!

    Whether it's accurate or not, each president is connected to the current state of the economy, good or bad. The republicans have been yelling from the mountain tops about inflation since 2020, after the Biden inauguration. Now what?

    BUT BUT The Border!!!!
     
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  17. Jan 26, 2024 #17
    homer

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    I don’t care who the president is this is good news for America.
     
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  18. Jan 26, 2024 #18
    Trickster

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    Your point???
     
  19. Jan 26, 2024 #19
    Trickster

    Trickster VIP Member

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  20. Jan 29, 2024 #20
    duggers_dad

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