GDP Revised to -2.9% for Q1 2014

[PapaG]

Cold weather is blamed for the drop. Does this mean that global warming would mean an economic boom?

http://www.forbes.com/sites/samanth...rter-2014-sharply-lower-from-second-estimate/

 

[Denny Crane]

I remember barfo telling me the govt. shutdown cost GDP $24B and 1% growth.

 

[PapaG]

I remember barfo telling me the govt. shutdown cost GDP $24B and 1% growth.

But what about asbestos?

 

[EL PRESIDENTE]

unexpected!

 

[jlprk]

CNBC reports from Reuters:

The GDP was adjusted down for the 1st quarter! Awful!
http://www.cnbc.com/id/101787838

The Service Sector is roaring! Best in 4 1/2 years!
http://www.cnbc.com/id/101788485

 

[Eastoff]

Cold weather is blamed for the drop. Does this mean that global warming would mean an economic boom?

http://www.forbes.com/sites/samanth...rter-2014-sharply-lower-from-second-estimate/

This is really bad news.

PS That's why we say climate change now, not global warming. More extreme weather is expected. Colder winters and warmer summers.