Is 3.6% figure inflation adjusted?
American Economics Thread
- Thread starter Bernard
- Start date
They were scared of stagflation.
That's ok. They indeed avoided it. Now they have recessiflation instead.
Yes, it is real GDP YOY growth.
So everything is ok. lol go on like this, i want to see something...
broadsword
Brigadier
A dozen bundled together solve the problem and cut down on heating as well.
Lmfao that's like 2% off the official estimate - in the wrong direction.
I assume that's annualised, so it actually is. 1.6 / 4 (4 Quarters in a year) = 0.4% GDP decline
Quiet unbelievable for me, considering that they claimed US growth would surpass China the first time in decades this year.