Monday, December 04, 2017
Booming Economy: New York Fed GDP Reading Hits 3.9 Percent
President Trump's economic train is picking up speed exponentially.
We are unlikely to elect a politician over a businessperson to be president ever again...
We are unlikely to elect a politician over a businessperson to be president ever again...
At Breitbart.com, John Carney reports about it:
"The New York Federal Reserve’s tool for forecasting gross domestic product (GDP) hit its highest point ever on Friday, pointing to a fourth-quarter GDP growth of 3.93 percent.
The number is so high that the New York Fed’s 'Nowcasting Report' had to be rescaled to allow for such a high reading. Prior to the most recent quarter, the Nowcast has never before predicted GDP above 3.2 percent and rarely ever above 3 percent."
