2014: 2.4% economic growth
Posted: Fri Jan 30, 2015 11:02 am
For all the clowns a couple of months ago who were talking about 5% economic growth when it really wasn't. It was 5% seasonally adjusted for 1 quarter, which means it grew about 1.25% and if it kept up that pace for a year would be 5%. Well, 3rd quarter was clearly an aberration. The seasonally adjusted 4th qtr 2.6%. Economic growth for 2014: a paltry 2.4%...
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