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5 members have recommended this reply (displayed in chronological order):

I Can Tell! OC375 Jun 26 #1
People are terrified of what's happening Johnny2X2X Jun 26 #2
Atlanta Fed had an estimate at like negative 2.5. They'll be cooking the Q2 books 617Blue Jun 26 #3
It isn't uncommon for GDPNOW to be way off FBaggins Jun 26 #14
The neg 2.5 was for Q1. My assumption 617Blue Jun 26 #15
Interesting. Here's a snapshot from March 26 of GDPNow and the Blue-chip consensus of *Q1* GDP progree Jun 26 #18
It was pretty eye popping. nt 617Blue Jun 26 #20
And is this the truth? Farmer-Rick Jun 26 #4
I've stopped buying anything but food and gas Ritabert Jun 26 #5
That's about all I spend on also. llmart Jun 26 #21
Exactly. I have more clothes than I need ... Ritabert Jun 26 #23
It's Biden's fault. Gimpyknee Jun 26 #6
If every quarter during Trump's entire term markodochartaigh Jun 26 #13
You know who's economy did not shrink in the first quarter? Bev54 Jun 26 #7
Also the Canadian 2nd quarter will moniss Jun 26 #8
And likely to get much. much worse. Scared consumers, gov't spending / research cuts, healthcare cuts, lots of Exp Jun 26 #9
The odds of Q2 being up are pretty slim jgmiller Jun 26 #10
Correcting some misinformation in some replies. Two negative quarters is NOT the official definition of a recession progree Jun 26 #11
Meh North Coast Lawyer Jun 26 #12
And because of this an administration can convince itself that it is doing a good job... Ol Janx Spirit Jun 26 #16
Huh? ProfessorGAC Jun 26 #17
GDP includes investment which means salaries and capital expenditures. Bernardo de La Paz Jun 26 #22
Makes Perfect Sense North Coast Lawyer Jun 27 #24
Gee. I wonder why. Karasu Jun 26 #19
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