The United States estimated GDP numbers for the year are now at 4.7%. 🤔
Another stupid Trump is so much better than that evil Obama. 😴💤💤💤
You have a link supporting that. All the ones I found predict about 2.9 for this year after 2.3 for last year....
It’s the GDP estimate for the second quarter of 2018, not for the entire year. And it’s 4.8%, not 4.7%.
It seems that GDPnow's predictions are almost always too high and turn out wrong....
Yes. This article gives an annual projection of 2.9%. The Fed gives a quarterly estimate, which is where the 4.8% number came from.
Like I said gdpnow's numbers are questionable. Check their history. They are always dropping them because they aren't accurate...
They’re usually off, yes. Anyway, I’m not getting into how accurate they are. I’m only responding to your initial point about where the 4.7% number that the poll asks about came from. And it came from the Fed. 👍
Gross domestic product
GDP of the US is 18.57 trillion
Under Obama, they said growth would never be that high again.
In eight years of the Barack Obama administration the GDP numbers never hit 3%. 😳