IMF cuts 2017 US growth estimate to 2.1%

[GeorgiaModerate]

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I don't think there's imminent danger of recession, but with signs like this, Gallup economic confidence going negative for the first time in a year, tepid consumer spending, etc., it sure looks like growth is slowing down.

[Person Man]

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I don't think there's imminent danger of recession, but with signs like this, Gallup economic confidence going negative for the first time in a year, tepid consumer spending, etc., it sure looks like growth is slowing down.

But with a recovery this old, a recession seems like the next logical step though I thought in early 2016 that we were heading into recession. I also thought were we in early 2011 (That the Double Dip was beginning).

[American2020]

Another a broken promise.

[Matty]

Where was your outrage over slow growth in recent years prior?

2.1% is well in line with what we've been seeing over the past few years and is actually an improvement over last year

[BudgieForce]

Where was your outrage over slow growth in recent years prior?

2.1% is well in line with what we've been seeing over the past few years and is actually an improvement over last year

Because Trump promised better and used slow economic growth to attack the Obama administration.

[GeorgiaModerate]

Where was your outrage over slow growth in recent years prior?

2.1% is well in line with what we've been seeing over the past few years and is actually an improvement over last year

I'm having trouble seeing anything in my original post that looks like outrage.  There certainly was none intended.  I'm just reporting on a story that, while fairly minor in itself, seems to fit in with some other recent news to indicate a possible trend.

[Nyvin]

Where was your outrage over slow growth in recent years prior?

2.1% is well in line with what we've been seeing over the past few years and is actually an improvement over last year

Trump has almost nothing to do with the current economy, just like Obama didn't in 2009.   We're still in Obama's economy right now.

[Ebsy]

GDPNow has dropped like a rock for the past 2 quarters.

[Ban my account ffs!]

Where was your outrage over slow growth in recent years prior?

2.1% is well in line with what we've been seeing over the past few years and is actually an improvement over last year

Trump has almost nothing to do with the current economy, just like Obama didn't in 2009.   We're still in Obama's economy right now.

Yes... the crystal orb of divination has spoken!  We are in Obama's economy until 5:59:59pm on September 20th, 2017 at which point Lady Liberty will spread 'em wide and birth out a Trumpeconomy!

[Matty]

GDPNow has dropped like a rock for the past 2 quarters.

I'm sure you were upset when economic growth was 1.8% last year

[The Self]

GDPNow has dropped like a rock for the past 2 quarters.

I'm sure you were upset when economic growth was 1.8% last year

So your standard of a good growth President is Obama?

This is embarrassing as Hell for a MUH BUSINESS RECORD President.

[Person Man]

Where was your outrage over slow growth in recent years prior?

2.1% is well in line with what we've been seeing over the past few years and is actually an improvement over last year

Trump has almost nothing to do with the current economy, just like Obama didn't in 2009.   We're still in Obama's economy right now.

Yes... the crystal orb of divination has spoken!  We are in Obama's economy until 5:59:59pm on September 20th, 2017 at which point Lady Liberty will spread 'em wide and birth out a Trumpeconomy!

Thanks for pushing home thr idea that there is no definitive where the policies or behavior of tge new Government take affect.

[Kingpoleon]

You must be logged in to read this quote.

I don't think there's imminent danger of recession, but with signs like this, Gallup economic confidence going negative for the first time in a year, tepid consumer spending, etc., it sure looks like growth is slowing down.

But with a recovery this old, a recession seems like the next logical step though I thought in early 2016 that we were heading into recession. I also thought were we in early 2011 (That the Double Dip was beginning).

Statistically speaking, we'll have another recession between 2018 and 2022, and then we should be fine until 2032-2036.

[ApatheticAustrian]

Where was your outrage over slow growth in recent years prior?

2.1% is well in line with what we've been seeing over the past few years and is actually an improvement over last year

the point is not the number but the trend-change suddenly happening during a time the US economy had finally shaken off 2008.