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 Troll

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