BIDEN ECONOMY: US GDP "Unexpectedly" Declines by 1.4% in First Quarter


We’ve been warning for months that the US was falling into a recession under Brandon.  Today even Brandon’s government reporting shows it. 

UPI Headline: “U.S. economy surprises analysts with 1.4% decline in first quarter of 2022”

It was unexpected, except to those paying attention.

The Bureau of Economic Analysis reported today that Brandon’s economy is shrinking.  We’ve been warned about this for months.

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Real gross domestic product (GDP) decreased at an annual rate of 1.4 percent in the first quarter of 2022 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 6.9 percent.

The GDP estimate released today is based on source data that are incomplete or subject to further revision by the source agency … The “second” estimate for the first quarter, based on more complete data, will be released on May 26, 2022.

We’ve been warning about a Brandon recession for months.

BIDEN ECONOMY: Now 2nd Major Bank Agrees with TGP Warnings of a Brandon Recession

 

 

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