Q1 GDP... Don't Break Out The Champagne Quite Yet

Discussion in 'The Latest UPS Headlines' started by cheryl, Apr 27, 2019.

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  1. cheryl

    cheryl I started this. Staff Member

    Q1 GDP... Don't Break Out The Champagne Quite Yet - Seeking Alpha

    Summary

    • Net exports plus a build-up in inventories contributed 1.68% to GDP. That's the biggest bump in 6 years and muddies the economic waters.
    • So far, Q1 earnings are at a -3% year-over-year decline and Q2 forecasts are expecting a -0.5% decline.
    • Today's GDP report saw residential construction decline -2.8% on an annual rate, the fifth consecutive quarterly decline.
     
  2. Indecisi0n

    Indecisi0n Well-Known Member

    Who wants to go out for drinks to celebrate?
     
  3. InsideUPS

    InsideUPS Active Member


    Donald J. Trump on Twitter
     
  4. Poop Head

    Poop Head Lovin' every minute of it!

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  5. Why construct it when you can live in housing free of charge?