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The first quarter is on track for negative GDP growth, Atlanta Fed indicator says

The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.

InflectionPointUSA @lemm.ee

The first quarter is on track for negative GDP growth, Atlanta Fed indicator says

Economy @lemmy.world

The first quarter is on track for negative GDP growth, Atlanta Fed indicator says

Economics @lemmy.world

The first quarter is on track for negative GDP growth, Atlanta Fed indicator says

84 comments
  • Californian here. Thank you. Keep up the heat. Those of us on the inside fighting for what's right need your help in putting as much pressure on these assholes as possible.

    I think it might be time for those of us in the blue states to offer a reciprocal sales tax break to our Canadian, European, and Mexican allies to offset the tariff idiocy. If CA nixed it's sales tax for "Allied Countries", that's roughly 10% we could trim the tariff impact by. If it's reciprocal, then it could be a way to mitigate Trump's effect on our shared financial interests. I'd be more than willing to vote for this.

84 comments