March 29, 2019

Chart of the Day: Q1 Growth Is Looking Pretty Anemic

The Capital Spectator has rounded up the latest batch of forecasts for Q1 economic growth:

We’re still a month away from the official BEA estimate, but there’s a lot of agreement in these forecasts. If growth really has fallen to 1.4 percent, that will make three consecutive quarters of decline and surely raises the risk of a recession in the near term. This would be a great time for the Fed to lower rates, wouldn’t it?

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DECEMBER IS MAKE OR BREAK

A full one-third of our annual fundraising comes in this month alone. That’s risky, because a strong December means our newsroom is on the beat and reporting at full strength—but a weak one means budget cuts and hard choices ahead.

With only days left until December 31, we've raised about half of our $400,000 goal—but we need a huge surge in reader support to close the remaining gap. Whether you've given before or this is your first time, your contribution right now matters.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do. That’s why we need you right now. Please chip in to help close the gap.

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