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US GDP Forecast Craters

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So the forecast for GDP growth in the US for Q4 has been revised down again to an anemic 0.5%. At the same time Trump and his cabinet members claim they're in a "Golden Age", and that "the US is the hottest country on the planet".😂

'US fourth-quarter GDP growth revised lower to a 0.5% rate'

https://www.reuters.com/world/us/us-fourth-quarter-gdp-growth-revised-lower-05-rate-2026-04-09/

"Gross domestic product increased at a downwardly ‌revised 0.5% annualized rate, the Commerce Department's Bureau of Economic Analysis said in its third GDP estimate. The economy was previously reported to have grown at a 0.7% pace in the fourth quarter. The advance estimate had put GDP growth at 1.4%.

Economists polled by Reuters had forecast GDP growth would be unrevised at a 0.7% ⁠rate. Revisions to the fourth quarter's growth pace reflected downgrades to business spending on intellectual products as well as inventories. Growth in consumer spending, which accounts for more than two-thirds of the economy, was revised down to a 1.9% pace from the previously reported 2.0% rate."

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Meanwhile, Trump and his closest allies are breaking records, right, left and center.thumbsup

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Don't think Vance is doing much better. WOW!

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And even the FLOTUS is absolutely cratering. I'm beginning to wonder if this administration will last until 2029. If the Dems win both chambers we might have a Dem president in 2027.

I say get Hillary! She is hands down the best candidate that never got elected.thumbsup

34 minutes ago, BLMFem said:

So the forecast for GDP growth in the US for Q4 has been revised down again to an anemic 0.5%.

Not that it makes the US figure good, but both the UK (0.1%) & Europe (0.3%) appears to be below this level. Australia is a bit better (0.8%).

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