PanArab@lemm.eeM to InflectionPointUSA@lemm.ee · 4 months ago

The first quarter is on track for negative GDP growth, Atlanta Fed indicator says

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The first quarter is on track for negative GDP growth, Atlanta Fed indicator says

PanArab@lemm.eeM to InflectionPointUSA@lemm.ee · 4 months ago

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The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.

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chuckleslord@lemmy.world
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4 months ago
No shit. GDP includes government programs and employment. Even if there weren’t any knock-on effects (which there are) GDP would still drop.

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