Off-Topic: Q4 GDP at 0.7%
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   Q4 GDP at 0.7%
Date:   2/1/2016 9:35:30 AM

Yet further evidence that the economy continues to struggle.  What's even worse is being in positive territory is mostly a result of seasonal adjustments meant to account for winter weather, which we all know did not happen. Nice thing about the warm weather is it kept construction workers on the job in Q4.  Numbers look even worse for the manufacturing sector which many believe are already in a recession.  Here's hoping the stock market volatility and stagnant wages doesn't tank consumer confidence.    If it does we will see a recession in the latter part of 2016 rather than later.  Only bright spot, if you don't live in oil producing states, is fuel prices.  But hey, over the last 7 years dear leader has created 6 million new jobs which is just about half of what is needed for new entrants into the work force to get a job, albeit at low wages.

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Q4 GDP at 0.7% - MartiniMan - 2/1/2016 9:35:30 AM



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