The latest GDP was a soft patch

Discussion in 'Economics' started by myminitrading, May 31, 2007.

  1. Its not a reflection of the current growth.
  2. S2007S



    probably right....thats why the markets are running higher again.
  3. not at all a true reflection of the growth.
  4. which growth. I am in the auto business. Since January sales have sucked all over the US . I have friends in the trucking business with half loads and crazy gas bills. They said its been down since last summer . Real Estate i dont need to explain . My brother is a manager for whirlpool in Indiana and most factory have had shut downs for a couple days to weeks (except toyota) . The only business growing is the oil business . Yet govt reports ism is up , jobs are up and there seems to have a growing positive economy? I am at the retail level and consumers are trying to pay off debt or just pay bills . Not sure I what i am trying to say but i dont think its as good as they say it is.