RobDownSouth
Oh Look....
- Joined
- Apr 13, 2002
- Posts
- 75,207
Under the excellent leadership of President Joe Biden, the US economy finished the year 2023, with a quarterly growth rate of an extremely robust 3.3% (far eclipsing the consensus estimate of a paltry 2%).
While not as good as the previous quarter's supernova 4.4% rate, it's worth noting that metrics were up across the board with the singular exception of the retail real estate market, which shows definite signs of cooling off. Prices of real estate plummeted 27% in some overheated markets.
The usual suspects will be along shortly once they receive their talking points to mansplain how this is actually a negative for President Biden. Also, open borders and butt hunter's laptop.
While not as good as the previous quarter's supernova 4.4% rate, it's worth noting that metrics were up across the board with the singular exception of the retail real estate market, which shows definite signs of cooling off. Prices of real estate plummeted 27% in some overheated markets.
The usual suspects will be along shortly once they receive their talking points to mansplain how this is actually a negative for President Biden. Also, open borders and butt hunter's laptop.
