Atlanta Federal Reserve Bank Predicts 5.4% gdp growth for Q1 2018

Here is a prior GDPNow month chart:





As new data comes in, they change their estimate for the quarter...often wildly (in the above case - between 3.4% all the way down to 0.5%).

And I can show you many others with the same pattern.

Almost never does the initial estimate(s) come in remotely in line with the final one.

 

When all the data is available no estimate is necessary.

 

Why do you support the unemployment of low skilled Americans ?? This is a great example of the regessiveness of progressive policies.

 

That’s Obamanomics in action which has nothing to do with supply side economics.

 

Which is the ballpark figure for what it should be if adjusted up to have the same purchasing power as it did in 1969 when it was 1.65 per hour,. lol Slave labor globalism is a force against increasing that wage. We need to match the wages in mexico, making our products, 2 bucks an hour, with china's being perhaps a bit lower than the 2 bucks. No benefits either.

 

because they're ugly

why the **** would you want that

 

I did not ask you that. You keep dodging a simple question:

True or False...the vast majority of the data that the GDPNow bases it's final estimate on is not yet available?

True or False?

 

Lol...what the heck are you blabbering about?

The point is how the GDPNow makes estimates and how often they change that estimate.

It has nothing whatsoever to do with whom is in power or how the economy is being run.

 

Ignorance of economics on display.

 

Your question has been answered.

 

And their estimate is 5.4% for Q1 2018.

 

No, it was not.

The only answer was either 'true' or 'false'. And you have not stated either of those in posts quoting my question to you.

So, you have not answered my question.

Why you are obviously so afraid of answering an INCREDIBLY simple question is obvious...you clearly are worried that if you do, it will completely falsify your earlier points...which it does, IMO.


So, I will ask you again:

The vast majority of the data that the GDPNow bases it's final estimate on has not yet been released?

True or False?

 

Absurd? Oh tell me, when did Trump sign his economic plans?

Trump ran out of money the month after he slashed the tax revenues. He had to go to the Dems to ask like:


And it does look like Trump needs to go back and back for this.

 

Wrong.

Can you not read?

That is not their final estimate for Q1 GDP growth.

That is their interim estimate based on extremely limited data.

Their final estimate will not come until all the relevant data is in.

 

Your question has been answered regardless of what you think. Answer it yourself and compare to what I've stated and what was stated in the OP.

 

Heard of the tax reform legislation or the regulatory reduction implementation ??

And more absurdity. The tax reform when analyzed using a global model shows no increase in the deficit. The JCT model showed an increase of ~ $100B per year which is a rounding error on annual tax revenues.

 

Communist workers appear to the bourgeois to be as ugly and dirty as hairy sexual organs, or lower parts; sooner or later there will be a scandalous eruption in the course of which the asexual noble heads of the bourgeois will be chopped off. - Georges Bataille, The Solar Anus

 

I can read just fine. The Atlanta Federal Reserve Bank estimates the gdp growth rate to be 5.4% for Q1 2018. Read the OP.

 

That's bizarre. Try taking a deep breath and walk around the block before posting.

 

No, you did not.

I will ask it again:

The vast majority of the data that the GDPNow bases it's final estimate on has not yet been released?

True or False?


Look folks...an INCREDIBLY simple question....and he not only refuses to answer it.

But he tries some childish attempt to deflect from his non-answer.

 

It's called sociology, you should try it sometime

 

I read the OP.

And from the GDPNow website (read it):

'As more monthly source data becomes available, the GDPNow forecast for a particular quarter evolves and generally becomes more accurate.'

https://www.frbatlanta.org/cqer/research/gdpnow.aspx


Is that their final estimate for 2018 Q1 GDP growth?

Yes or no?

 

It figures you do not like to answer my question. Since it shows the Dotard did nothing for the economy till the end of 2017. So it all was still going on the Obama's economic plans.

https://www.nytimes.com/interactive/2017/11/28/us/politics/tax-bill-deficits.html

The JTC says the deficit will grow by 0.63 trillion.
Maybe you should source something that you claim.

 

Q1 is not yet over.

 

Sociology ?? That’s even more bizarre.