gatomontes99 Posted January 9 Report Posted January 9 Atlanta Fed: "Latest estimate: 5.1 percent — January 09, 2026 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2025 is 5.1 percent on January 9, down from 5.4 percent on January 8. After this morning’s releases from the US Bureau of Labor Statistics and the US Census Bureau, the nowcast of fourth-quarter real residential investment growth decreased from 1.5 percent to -5.8 percent." Native Born Employment Participation is up sharply since January: Foreign Born Employment is down sharply since January: Trading Economics: "The US trade deficit narrowed sharply to $29.4 billion in October 2025, the smallest gap since June 2009, down from a revised $48.1 billion in September and well below forecasts of a $58.1 billion shortfall. The implementation of tariffs led to significant swings in trade flows, particularly in non-monetary gold and pharmaceutical products. Imports declined 3.2% to a 21-month low of $331.4 billion, led by a big fall in pharmaceutical preparations and to a smaller extent nonmonetary gold and transport. On the other hand, purchases went up for computer accessories, telecommunications equipment, and computers. Exports rose 2.6% to a record $302 billion, led by a surge in nonmonetary gold and other precious metals while a fall was seen in pharmaceuticals and government goods and services. The largest gaps were recorded with Mexico ($-17.9 billion), Taiwan ($-15.7 billion), Vietnam ($-15 billion) and China ($-13.7 billion). The trade gap with the EU narrowed sharply to $6.3 billion. source: Bureau of Economic Analysis (BEA)" ********** Despite what the doom and gloom economists and @CdnFox said 😉, the tariffs are having a tremendous, positive effect on our economy. Americans are gaining jobs. The trade deficit is plummeting. Exports are up. The GDP is through the roof. Inflation is fairly normal. It is time for congress to permanently institute these tariffs into law. 2 Quote Don't you think that if I were wrong that I would know it?
John Stone Posted January 9 Report Posted January 9 Indeed - but politics is about Main Street - what is their perception, it is what really matters. CNN would have you think citizens are eating put of dumpsters and living in cardboard boxes. Domestic politics makes "United States" a misnomer............... had to laugh at Iran's Ayatollah statement directed at Trump tho, 'he (should) get his house together' OMG, reminds me of Baghdad Bob. Quote
robosmith Posted January 9 Report Posted January 9 2 hours ago, gatomontes99 said: Atlanta Fed: "Latest estimate: 5.1 percent — January 09, 2026 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2025 is 5.1 percent on January 9, down from 5.4 percent on January 8. After this morning’s releases from the US Bureau of Labor Statistics and the US Census Bureau, the nowcast of fourth-quarter real residential investment growth decreased from 1.5 percent to -5.8 percent." Native Born Employment Participation is up sharply since January: Foreign Born Employment is down sharply since January: Trading Economics: "The US trade deficit narrowed sharply to $29.4 billion in October 2025, the smallest gap since June 2009, down from a revised $48.1 billion in September and well below forecasts of a $58.1 billion shortfall. The implementation of tariffs led to significant swings in trade flows, particularly in non-monetary gold and pharmaceutical products. Imports declined 3.2% to a 21-month low of $331.4 billion, led by a big fall in pharmaceutical preparations and to a smaller extent nonmonetary gold and transport. On the other hand, purchases went up for computer accessories, telecommunications equipment, and computers. Exports rose 2.6% to a record $302 billion, led by a surge in nonmonetary gold and other precious metals while a fall was seen in pharmaceuticals and government goods and services. The largest gaps were recorded with Mexico ($-17.9 billion), Taiwan ($-15.7 billion), Vietnam ($-15 billion) and China ($-13.7 billion). The trade gap with the EU narrowed sharply to $6.3 billion. source: Bureau of Economic Analysis (BEA)" ********** Despite what the doom and gloom economists and @CdnFox said 😉, the tariffs are having a tremendous, positive effect on our economy. Americans are gaining jobs. The trade deficit is plummeting. Exports are up. The GDP is through the roof. Inflation is fairly normal. It is time for congress to permanently institute these tariffs into law. So Trump FIRED the BLS Commissioner to get the numbers HE WANTS. And you trust those numbers. LMAO Quote
Deluge Posted January 9 Report Posted January 9 3 hours ago, gatomontes99 said: Atlanta Fed: "Latest estimate: 5.1 percent — January 09, 2026 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2025 is 5.1 percent on January 9, down from 5.4 percent on January 8. After this morning’s releases from the US Bureau of Labor Statistics and the US Census Bureau, the nowcast of fourth-quarter real residential investment growth decreased from 1.5 percent to -5.8 percent." Native Born Employment Participation is up sharply since January: Foreign Born Employment is down sharply since January: Trading Economics: "The US trade deficit narrowed sharply to $29.4 billion in October 2025, the smallest gap since June 2009, down from a revised $48.1 billion in September and well below forecasts of a $58.1 billion shortfall. The implementation of tariffs led to significant swings in trade flows, particularly in non-monetary gold and pharmaceutical products. Imports declined 3.2% to a 21-month low of $331.4 billion, led by a big fall in pharmaceutical preparations and to a smaller extent nonmonetary gold and transport. On the other hand, purchases went up for computer accessories, telecommunications equipment, and computers. Exports rose 2.6% to a record $302 billion, led by a surge in nonmonetary gold and other precious metals while a fall was seen in pharmaceuticals and government goods and services. The largest gaps were recorded with Mexico ($-17.9 billion), Taiwan ($-15.7 billion), Vietnam ($-15 billion) and China ($-13.7 billion). The trade gap with the EU narrowed sharply to $6.3 billion. source: Bureau of Economic Analysis (BEA)" ********** Despite what the doom and gloom economists and @CdnFox said 😉, the tariffs are having a tremendous, positive effect on our economy. Americans are gaining jobs. The trade deficit is plummeting. Exports are up. The GDP is through the roof. Inflation is fairly normal. It is time for congress to permanently institute these tariffs into law. Fuel is definitely lower, so that's nice to see. Quote
Deluge Posted January 9 Report Posted January 9 19 minutes ago, robosmith said: So Trump FIRED the BLS Commissioner to get the numbers HE WANTS. And you trust those numbers. LMAO Hey, fire the whole f*cking department if that's what it takes to get prices down. You government sluts are way, WAY too dependent on government - it's revolting. Quote
CdnFox Posted January 9 Report Posted January 9 3 hours ago, gatomontes99 said: Atlanta Fed: "Latest estimate: 5.1 percent — January 09, 2026 The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2025 is 5.1 percent on January 9, down from 5.4 percent on January 8. After this morning’s releases from the US Bureau of Labor Statistics and the US Census Bureau, the nowcast of fourth-quarter real residential investment growth decreased from 1.5 percent to -5.8 percent." Native Born Employment Participation is up sharply since January: Foreign Born Employment is down sharply since January: Trading Economics: "The US trade deficit narrowed sharply to $29.4 billion in October 2025, the smallest gap since June 2009, down from a revised $48.1 billion in September and well below forecasts of a $58.1 billion shortfall. The implementation of tariffs led to significant swings in trade flows, particularly in non-monetary gold and pharmaceutical products. Imports declined 3.2% to a 21-month low of $331.4 billion, led by a big fall in pharmaceutical preparations and to a smaller extent nonmonetary gold and transport. On the other hand, purchases went up for computer accessories, telecommunications equipment, and computers. Exports rose 2.6% to a record $302 billion, led by a surge in nonmonetary gold and other precious metals while a fall was seen in pharmaceuticals and government goods and services. The largest gaps were recorded with Mexico ($-17.9 billion), Taiwan ($-15.7 billion), Vietnam ($-15 billion) and China ($-13.7 billion). The trade gap with the EU narrowed sharply to $6.3 billion. source: Bureau of Economic Analysis (BEA)" ********** Despite what the doom and gloom economists and @CdnFox said 😉, the tariffs are having a tremendous, positive effect on our economy. Americans are gaining jobs. The trade deficit is plummeting. Exports are up. The GDP is through the roof. Inflation is fairly normal. It is time for congress to permanently institute these tariffs into law. Now Now i was very specific that we would have to see and wait, i was just very skeptical. To be honest i still am. These numbers are good, but there's other numbers which contrast to it which still paint an uncertain situation. As I said these numbers are good. Anything above 3% GDP growth is strong. And we've seen better than 3% for a couple of quarters now if we're looking at this as well. That says their economy is growing nicely. But you're getting weird Information from other metrics, inflation is still being very sticky and while job growth is up wages are not increasing to keep pace with inflation. And we see these concerns raised by a lot of Americans in interviews and polling. That suggests that there's a lot of market activity but it's not yet trickled down to the actual average American who may be facing higher expenses Without an increase in wage and therefore is actually losing ground. Employment numbes were always actually pretty good, but it's how much they're making that's the issue Some of that is to be expected. But there is this weird issue right now where growth is good but also stagflation is happening. We'll have to see how that levels out, it was expected that there would be time of transition and there may be lags between when the overall economy improves and when those benefits reach the worker. Quote "That which doesn't kill me... Had better start running."
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