Atlanta Fed Q1 GDP tracker was -1.5% on Friday. Today it’s -2.8%. 🇺🇸 www.atlantafed.org/cqer/researc... - ThreadSky

Don't worry. Trump will get out his Sharpie and make that chart amazing! Wonderful! The best chart anyone's ever seen!📈💰

reply

realuniqlo.bsky.social•14 hours ago

can’t wait to go see uncut gems in theaters with my friends!

reply

pyperkub.bsky.social•14 hours ago

Do wet know if it's part of this, or is the new accounting not part of this drop? https://apnews.com/article/trump-gdp-economy-government-spending-lutnick-7414ba1bd441bd4bf64620bfd66923b2

reply

pyperkub.bsky.social•14 hours ago

It would seem to be too early for that to be in place...

reply

ithoughticould.bsky.social•10 hours ago

I'm guessing the same comments about tariffs on Canada and Mexico that dropped the markets are feeding into this analysis.

reply

trumpsucks74.bsky.social•15 hours ago

Thanks MAGA dipshits! Thank god I went all Cash in December! Tradable bottom coming soon!

reply

grinsmiles.bsky.social•15 hours ago

Meanwhile the swamp seems isi vogue, as Trump, who has his own cryptocurrency, tweets on the weekend about having the government buy crypto causing the crypto markets to spike by 13K (thus the President manipulating the market), resulting in a massive payout for the President and his people.

reply

guidewire.bsky.social•15 hours ago

More like Great Depression again

reply

littlenomad.bsky.social•15 hours ago

MAGDA - Make A Great Depression Again!

reply

dkuhl66.bsky.social•12 hours ago

I wonder why??

reply

egoncap.bsky.social•15 hours ago

Yikes

reply

colette101.bsky.social•15 hours ago

Trump said this on Fox in 2014

https://www.the-independent.com/news/world/americas/us-politics/trump-riots-fox-news-obamacare-putin-economy-us-coronavirus-george-floyd-a9544491.html

reply

tmoyer09.bsky.social•15 hours ago

From a growing economy to a deep recession or depression in a little over a month. Well done, MAGA. 🙄

reply

myblueeyes.bsky.social•8 hours ago

Atlanta Fed Q1 GDP tracker was -1.5% on Friday.

Today it’s -2.8%. 🇺🇸

Buckle Up…

https://www.atlantafed.org/cqer/research/gdpnow.aspx

reply

exgoper.bsky.social•15 hours ago

It usually takes a few years for Republicans to ruin the economy. They're really working hard to speed things up this time around.

reply

jimmycire.bsky.social•14 hours ago

They have had a lot of practice at this point.

reply

exgoper.bsky.social•14 hours ago

You can't deny their expertise!

reply

boys-n-berry.bsky.social•14 hours ago

You say that, but every Republican president has started a recession in their first year in office since *Benjamin Harrison*

reply

tmoyer09.bsky.social•14 hours ago

True, but in a few weeks? That's got to be a first.

reply

blingdomepiece.bsky.social•14 hours ago

I think you mean first *term* in office?

(Not that it's a great accomplishment either way).

https://www.cnn.com/2020/09/23/investing/stock-market-election-trump-biden

reply

boys-n-berry.bsky.social•13 hours ago

Just looked it up and I think I confused it because every Republican dating back to Eisenhower (data began being more rigorously collected during Truman’s term,) with the exception of HW and Trump, did start one in their first year

reply

blingdomepiece.bsky.social•12 hours ago

They are truly great stewards of the economy.

reply

boys-n-berry.bsky.social•13 hours ago

Ah you’re right I misremembered the quote. Thanks for the correction.

reply

2comprendre.bsky.social•14 hours ago

Since you brought up a Harrison, perhaps Trump could do a William Henry Harrison for us by Easter.

reply

tmoyer09.bsky.social•14 hours ago

reply

n-shah.bsky.social•12 hours ago

They have been getting much needed experience since 2021

reply

redoubters.bsky.social•12 hours ago

Honestly I was really worried that Trump would get in and coast / take all the credit for the 4 years of hard work Dems did in righting the economy, therefore contributing to the "people think he's great on the economy for nothing" bullshit

turns out, needn't have worried!

reply

padathir.bsky.social•11 hours ago

It's fine they'll forgive him anything as long as he keeps promising to genocide brown people.

reply

jmneel.bsky.social•13 hours ago

They have truly perfected incompetence.

reply

madbuc.bsky.social•3 hours ago

https://www.dailykos.com/stories/2017/10/12/1705902/-Former-Wharton-Professor-Donald-Trump-Is-the-Dumbest-Goddam-Student-I-Ever-Had

reply

effinggrim.bsky.social•15 hours ago

https://bsky.app/profile/ugarles.bsky.social/post/3ljibgfvdac2i

reply

ruledbylalune.bsky.social•15 hours ago

HEIST

reply

effinggrim.bsky.social•15 hours ago

The truth.

reply

rapistsroamfree.bsky.social•14 hours ago

Feels weird to be low key rooting for the collapse of our economy, like I won’t suffer too, but it’s our best shot at affecting change.

reply

nozbot.bsky.social•14 hours ago

Right now listening to Odd Lots podcast interviewing Ray Dalio. Definitely will have to get his new book, “Principles for Dealing with the Changing World Order”. He’s saying the US economy is heading for a “heart attack” unless the administration gets the percent of the deficit down below 3%.

reply

addisonsmithesq.bsky.social•14 hours ago

So much winning.

reply

democracysoon.bsky.social•13 hours ago

That high still, huh?

reply

nuttincowboy.bsky.social•15 hours ago

So much winning 🙄
#FuckTrump.

reply

dalekirby.com•15 hours ago

Trumpcession

reply

alvie2.bsky.social•15 hours ago

With such uncertainty of direction from this administration and not realizing that by defunding the FEDERAL govt it will eventually just create either malaise or distrust and more risk. I expect the rest of the world will look for other outlet’s for commerce in the medium to long term.

reply

santacruzmag.bsky.social•15 hours ago

When Republicans are in power, they destroy the economy.

reply

dronana.bsky.social•13 hours ago

All that winning🥹

reply

mouseofthewest.bsky.social•14 hours ago

This is fine

We can cut $1T out of a $20T economy, no one will notice

reply

theresistanceco.bsky.social•13 hours ago

So much losing!

reply

sloanthenavigator.bsky.social•15 hours ago

Make America Broke Again

reply

tiggr55.bsky.social•6 hours ago

Oh shit

reply

jimr60.bsky.social•14 hours ago

😟

reply

larkin8.bsky.social•12 hours ago

The bottom is dropping out of the economy.

Wait until the tariffs hit full force.

We are headed for a financial system panic.

reply

mikel555.bsky.social•15 hours ago

The Trump depression is finally coming. The man is a death and desolation machine. He is angry America doesn’t love home and he is going to destroy it.

reply

danamasse.bsky.social•13 hours ago

Stock market crash becoming possible.

reply

spartacussin.bsky.social•15 hours ago

Is that bad

/s

reply

wcmack.bsky.social•13 hours ago

Making America Tank Again

reply

chaddb.bsky.social•15 hours ago

Hoo baby! Gonna ride that roller coaster down fast!

reply

waw2nyc.bsky.social•15 hours ago

Imports drag on growth to prepare for Trump's tariffs

reply

notthatmattwalsh.bsky.social•14 hours ago

Now you see why they want to take government spending out of the GDP calculation.

reply

sunenergy.bsky.social•15 hours ago

Maga!!!

reply

junipersbird.bsky.social•14 hours ago

reply

pettypotatoes.bsky.social•15 hours ago

We are finally great again!

reply

georgiabluedevil.bsky.social•12 hours ago

Prediction: Those people are going to be fired soon. (And the GOP will tell us they deserved it.)

reply

wicksdoug.bsky.social•8 hours ago

Oh, hush now, it's only Monday. Let's see where we're at by Friday. I'm sure this hullabaloo will all blow over and everything will be sorted. We have a very stable genius at the helm and all.

reply

mellofellow.bsky.social•15 hours ago

Seems like the wrong direction.

reply

davidavid.bsky.social•15 hours ago

Egad! Is this the pain Elon promised that will make AGA?

reply

donnavishio.bsky.social•15 hours ago

Thanks to Trump and Elon the two royal flushers flushing us down the toilet

reply

exgoper.bsky.social•15 hours ago

It usually takes a few years for Republicans to ruin the economy. They're WAY ahead of schedule.

reply

meekman.bsky.social•15 hours ago

😳😳😳

reply

pjdenver.bsky.social•4 hours ago

Trumpcession is upon us and only getting deeper.

reply

vakaastra.bsky.social•12 hours ago

Fed website is down

reply

zekeskitchen.bsky.social•14 hours ago

My take is that the Project 2025 folks recognize this is their only real chance to implement their vision and are going for it full bore knowing it will be devastation but that *in their view* the country will be better off in the long run. 🤦🏻

reply

duncanidho.bsky.social•14 hours ago

Because people will rely on religion and “take the soup “ to survive?

reply

elizverde.bsky.social•12 hours ago

Basically, while they are forced to work their frail poor bodies to keep the economy going

reply

duncanidho.bsky.social•10 hours ago

There will be haves and have nots, and the haves , will have due to their prosperity gospel.

reply

cristian2023.bsky.social•14 hours ago

next move, they will hide the numbers

reply

vtbmpskier.bsky.social•14 hours ago

How can it drop by 1% like that??? Snaps fingers!! Sigh...

reply

where2next.bsky.social•15 hours ago

They are getting rid of the the middle class. It's just peasants and billionaires from here on out.

reply

pjconway.bsky.social•14 hours ago

Bingo. Govt is not to serve the people it’s to legalize grifting and corruption through keeping the people in their place beneath the oligarchs serving them.

reply

silkscreenfiend.bsky.social•14 hours ago

Hooray, we're all gonna be billionaires!!

Wait a minute...

reply

where2next.bsky.social•14 hours ago

That is what the entirety of maga believes 🙄

reply

silkscreenfiend.bsky.social•14 hours ago

They deserve absolutely everything that's coming to them.

reply

marvelle.bsky.social•15 hours ago

historically this always works out well for them!

reply

stephenswithaph.bsky.social•15 hours ago

I hope it "works out well for them" VERY quickly.

reply

where2next.bsky.social•14 hours ago

Like Paris in 1789.

reply

stephenswithaph.bsky.social•14 hours ago

Oui!

reply

tvnred.bsky.social•13 hours ago

God I hope we avoid that. In 2017 when I couldn’t find a book I wanted to read, I settled on one about the plague because surely things couldn’t get that bad. 😳 This time I’ve listened to the Revolutions podcast on the French Revolution 😳😳

reply

cameron.bsky.social•10 hours ago

I really like Mike Duncan’s work, but like, freeing the slaves, ending Monarchy, and abolishing feudalism seems like not the worst trade for the Terror and Thermidorian Reaction. It is kinda the founding moment for liberal democracy.

reply

harishp.bsky.social•14 hours ago

It is not realistic that worlds largest economy changes that much ch during weekend.

reply

jeremymx.bsky.social•14 hours ago

is that bad

reply

lolalolajoaquin.bsky.social•14 hours ago

you bet. as they say in minnesota.

reply

rtothegg.bsky.social•10 hours ago

Stable Genius strikes again.

reply

wowthatscoolmyguy.bsky.social•14 hours ago

Paperbacks are gonna be $9.99 again baby! And nobody will have jobs to afford them!

reply

sydneymichalski.bsky.social•14 hours ago

Weird, Musk prefers to crash things along a strict Nazi-salute-angle, but I guess Trump prefers his crashes dumped vertically off a cliff.

reply

blingdomepiece.bsky.social•14 hours ago

Markets seem to be just chilling.

reply

meadia.bsky.social•15 hours ago

How accurate is the Atlanta tracker this far out?

reply

likeopomp.bsky.social•14 hours ago

LOWER.

reply

anonemus13.bsky.social•15 hours ago

So much winning! PBS News just released a survey saying 45% of country thinks things are going in the right direction!

reply

xeynon.bsky.social•15 hours ago

45% of the country is extremely stupid and won't grok to reality until it punches them in the face. But we already knew that because they voted for Trump.

reply

crobertbuchanan.bsky.social•14 hours ago

Republican presidents always crater the economy, but it usually takes a bit longer than six weeks.

Too bad half the voting population has the political memory of a fruit fly.

reply

pmwwp.bsky.social•15 hours ago

That was Friday's chart with the -1.5%. This is what it looks like now at -2.8%.

reply

drrxufa.bsky.social•8 hours ago

Elect felons thieves and traitors …

reply

sidster7.bsky.social•15 hours ago

Thanks for Posting!

reply

cameron.bsky.social•10 hours ago

Why is the stock market not reacting more dramatically I wonder?

reply

mannwich.bsky.social•10 hours ago

Obviously Biden’s fault. At least that’s what will be the claim.

reply

alexqgb.bsky.social•8 hours ago

If the economy hadn’t been so good, it would never have fallen so far. Checkmate, Libs.

reply

kaisersayzo.bsky.social•15 hours ago

I never thought someone could tank the economy this fast. Incredible stuff.

reply

we-are-toast.bsky.social•15 hours ago

Expect the people who produce this to get fired in 4, 3, 2,...

reply

marvelle.bsky.social•15 hours ago

(moves everything into bonds)

reply

downfroggy.bsky.social•15 hours ago

You mean that thing that is backed by the full faith and credit of the US Govt?

reply

frankstengel.bsky.social•15 hours ago

I might have used this to mock my conservative friend.

reply

frankstengel.bsky.social•15 hours ago

People come to me, grown men, with tears in their eyes, saying: Sir, this is the best economy in American history, Sir, Mr. President!

reply

eestaris.bsky.social•15 hours ago

reply

670rv.bsky.social•13 hours ago

+2.3 to -1.5% to -2.8%
Nice Trump/ Musk and GOP!

reply

bimbelon.bsky.social•15 hours ago

wait til they take the G out

reply

masdevalliadruid.bsky.social•9 hours ago

“We’re gonna have the biggest growth revisions ever. Nobody has bigger. Who ever heard of such a big revision in such a short period of time? No one. That’s who. That growth number is going lower than my golf score…”

/aid rushes to whisper in his ear

“What do you mean a lower score is bad?”

reply

raging-dee.bsky.social•13 hours ago

If you don't like the GDP numbers, just change how they're calculated. Apparently. https://www.theguardian.com/us-news/2025/mar/03/trump-government-spending-gdp-doge

reply

juandefuca.bsky.social•13 hours ago

thing's are looking up! (stagflation yes but not the equity markets)

reply

woof100.bsky.social•12 hours ago

reply

magafree.bsky.social•11 hours ago

The US economy under Biden was the envy of the world. Wrecked in mere weeks.

reply

daviddarian.bsky.social•14 hours ago

My entire life republican administrations have crashed the economy and then democrats win and have fixed it. Yet, the media continues to tell the other big lie, that republicans are better on the economy. 🙄

reply

87zoolemons.bsky.social•14 hours ago

Yep. Why do so many seem to have goldfish brain? This vicious political cycle is so tiring. How can we ever improve if we're just going to let the self-entitled toddlers throw the hammer at the window? Stop replacing the window and giving them back the hammer!

reply

ricosuavejd.bsky.social•14 hours ago

Seriously. Once someone f's up and wrongs me I pretty much remember it forever.

It's why I'll never vote GOP. Ever.

reply

ericlackner.bsky.social•13 hours ago

The ENTIRE reason for this is that the people who run the media, ESPECIALLY the financial media outlets, get their tax cuts from the GOP, so they continue the lie.

reply

hugh258.bsky.social•10 hours ago

Mayby you need a better media speaking truth? But that would mean actually addressing the issues and no one is willing to do that unless they want to get fired.

reply

displeased.bsky.social•13 hours ago

Trymponomics in full force

reply

patocka.bsky.social•15 hours ago

The gaslighting of objective reality will be prolific. https://apnews.com/article/trump-gdp-economy-government-spending-lutnick-7414ba1bd441bd4bf64620bfd66923b2

reply

mouseofthewest.bsky.social•14 hours ago

somebody at Treasury must have got the preprint of the flash numbers and ran to their boss' office with their pants on fire

reply

jakemadtown.bsky.social•13 hours ago

Except government spending is positive in the GDP Now numbers (at least for now). So the number would be even worse if Government wasn't included!

reply

mouseofthewest.bsky.social•12 hours ago

Uh-oh, I assumed that this.. oh my.

reply

ruledbylalune.bsky.social•15 hours ago

Speechless. +3.9% to -2.8% in a MONTH.

reply

bgesus.bsky.social•15 hours ago

At least the line is green!!! Green is good! Green means go!!! Weeeeeee!!!!😵‍💫😵‍💫😵‍💫🙄🙄🙄 seriously feel bad for those that are unprepared for the coming economic hardship

reply