Whoa! First 4th-quarter GDP estimate is huge! More later as we digest it. # Dan's been a busy blogger. http://www.clucerf.org/blog/ #
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We are thrilled to see the first estimate of the 4th quarter GDP come in way above our forecast, but we wish we had forecast the change. We do expect to see the initial estimate revised down in subsequent releases. Why did the GDP estimate come in so strong? Mostly, it was investment. Fourth . . . → Read More: Fourth Quarter GDP Gave our first Oregon & Central Oregon Forecasts in Bend today, about 275 there. Well received, even if news is not great. I Love Bend. # More on the trade wars: http://bit.ly/9kR8Lx Ricardo must be rolling in his grave. # Dan and I blog on extraordinary monetary policy options: http://bit.ly/4opJAx # How's that minimum wage working out? http://bit.ly/598VMH Ask an unemployed young person. # |
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