GDP Is Revised Much Lower As Economic Indicators Worsen - Episode 1379a

in #economy • 7 years ago

UMich consumer confidence slides as people lose hope. Retails sales decline, the biggest drop in the last 6 months. Almost 100 million people living paycheck to paycheck.

Home flippers are back and 1 in 4 homes are flipped in the 16 different areas. Manhattan real estate is crashing. GDP estimates are revised much lower than expected. America is broke, public debt continues to rise. Industrial production declines.

#gdp #umich #homes #production
7 years ago in #economy by
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     7 years ago 

    Keep up the great work Dave, I listen to every episode. One thing that would be an interesting thing to hear about is how many people are declaring bankruptcy. I don't know where you would get those figures but that would be something to along with the fact that people can't save, cant spend and need to borrow more money until they just quit.

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     7 years ago 

    Thanks Dave, for all you do.

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