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For The First Five Months Of 2022 Economic Growth IS Negative

How ironic that one day after Biden boasted in the WSJ about how well the economy is doing, the latest estimate from the Federal Reserve Board of Atlanta estimates 2nd quarter growth of this year at just 1.3%. Recall that in the first quarter GDP contracted by 1.4%.

If the latest snapshot is accurate, then so far in 2022 we have zero or slightly negative growth.

This is supposed to be a post-Covid RECOVERY!!!

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