The Bureau of Economic Analysis released its 4th quarter GDP estimate this morning and it’s not good: 2.6%.
Of course, this number was unexpected by the experts:
Let’s not forget the little happy-dance the administration did after the last two quarterly GDP reports were released:
What will President Obama say now that growth has slowed?
And with the 4th quarter numbers is in, what about Q1 in 2015? Gird your loins: