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Boom: Q2 GDP Estimate Shows Fastest Growth In 2 Years

Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2017 (table 1), according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent.

The GDP estimate released today is based on more complete source data than were available for the “advance” estimate issued last month. In the advance estimate, the increase in real GDP was 2.6 percent. With this second estimate for the second quarter, the general picture of economic growth remains the same; increases in personal consumption expenditures (PCE) and in nonresidential fixed investment were larger than previously estimated. These increases were partly offset by a larger decrease in state and local government spending 

 

 

 

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Just now, 1trailmaker said:

according to AC/SK our economy is in the crapper - worst ever

 

 

Its brutal out west...

So let me get this straight...Trump has the markets at record levels....its Obamas doing....The dope does it and its all him. :lol:

 

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9 minutes ago, Rigid1 said:

Boom: Q2 GDP Estimate Shows Fastest Growth In 2 Years

Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2017 (table 1), according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent.

The GDP estimate released today is based on more complete source data than were available for the “advance” estimate issued last month. In the advance estimate, the increase in real GDP was 2.6 percent. With this second estimate for the second quarter, the general picture of economic growth remains the same; increases in personal consumption expenditures (PCE) and in nonresidential fixed investment were larger than previously estimated. These increases were partly offset by a larger decrease in state and local government spending 

 

 

 

that's 2 years bub, not 8.

:lol:

 

 

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Just now, Snoslinger said:

just wanted to make sure you comprehended the point you were trying to make. so the gdp growth was faster 2 years ago, right?

 

 

I was not trying to make a point, I was drawing a comparison= USA & Canada, looking for opinions on said comparison...I dont care what happened 2 years ago, I care about today

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1 hour ago, FAT DAVE said:

Its brutal out west...

So let me get this straight...Trump has the markets at record levels....its Obamas doing....The dope does it and its all him. :lol:

 

Their not thought.  They are in the shitter compared to others.  Where real money is made.

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8 hours ago, ICEMAN! said:

Give us a quick list of Trudeau policies and legislation that has fueled this growth...... :snack: 

But hey, my taxes are up, my benefits are down and the deficit is balloning. 

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16 minutes ago, The Rocket said:

Give us a quick list of Trudeau policies and legislation that has fueled this growth...... :snack: 

But hey, my taxes are up, my benefits are down and the deficit is balloning. 

Wow you actually make sense for a change. :thumb:

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