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Non-Tech : Trends Worth Watching
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From: zzpat5/30/2018 9:37:38 AM
   of 3363
 
First-quarter GDP has been messed up for a very long time. Don't freak out. It is odd that a massive tax cut didn't stimulate the economy though (if this number remains soft).

First-quarter US GDP revised to 2.2%, vs 2.3% growth expected
  • U.S. economic growth slowed slightly more than initially thought in the first quarter amid downward revisions to inventory investment and consumer spending.
  • Income tax cuts are likely to boost activity this year, however.
  • Gross domestic product increased at a 2.2 percent annual rate, the Commerce Department said in its second estimate of first-quarter GDP.
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