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Economic Growth
Posted: Mon Nov 11, 2019 8:00 am
by Thor
Nice to see that we did not follow Germany into recession with recorded growth of 0.4% which is welcomed. It also represents a decent swing from the last quarter and if we Americanise the numbers is 2.4% annually. That would be very good when you consider parliament is broken right now.
On top of this unemployment is likely to remain held at 3.9%
Wage growth at 3.8% is also welcomed.
Things look quite good from a numbers perspective.
Re: Economic Growth
Posted: Mon Nov 11, 2019 9:06 am
by Ronnie Hotdogs
Worked out who you’re votin*g for yet?
Re: Economic Growth
Posted: Mon Nov 11, 2019 9:12 am
by Thor
Not yet, might do green as she’s admitted to long haul flights so it must be ok for us all to do it!
Re: Economic Growth
Posted: Mon Nov 11, 2019 10:28 am
by Adz
Thor wrote: ↑Mon Nov 11, 2019 8:00 am
Nice to see that we did not follow Germany into recession with recorded growth of 0.4% which is welcomed. It also represents a decent swing from the last quarter and if we Americanise the numbers is 2.4% annually. That would be very good when you consider parliament is broken right now.
On top of this unemployment is likely to remain held at 3.9%
Wage growth at 3.8% is also welcomed.
Things look quite good from a numbers perspective.
Could you explain how 0.4 annualised = 2.4?
Re: Economic Growth
Posted: Mon Nov 11, 2019 10:34 am
by Thor
.6 growth over the last period x 4
Re: Economic Growth
Posted: Mon Nov 11, 2019 11:04 am
by Adz
Thor wrote: ↑Mon Nov 11, 2019 10:34 am
.6 growth over the last period x 4
You said .4? Plus a quick google says 0.3, so a 1.2 annualised rate. Or did I miss a us joke there?
Re: Economic Growth
Posted: Mon Nov 11, 2019 11:32 am
by Ronnie Hotdogs
Re: Economic Growth
Posted: Mon Nov 11, 2019 12:00 pm
by Thor
Adz wrote: ↑Mon Nov 11, 2019 11:04 am
Thor wrote: ↑Mon Nov 11, 2019 10:34 am
.6 growth over the last period x 4
You said .4? Plus a quick google says 0.3, so a 1.2 annualised rate. Or did I miss a us joke there?
The previous quarter was -. 2 so now we have plus .4 a movement of plus .6 annualised is 2.4%
Re: Economic Growth
Posted: Mon Nov 11, 2019 12:30 pm
by Max B Gold
Thor wrote: ↑Mon Nov 11, 2019 12:00 pm
Adz wrote: ↑Mon Nov 11, 2019 11:04 am
Thor wrote: ↑Mon Nov 11, 2019 10:34 am
.6 growth over the last period x 4
You said .4? Plus a quick google says 0.3, so a 1.2 annualised rate. Or did I miss a us joke there?
The previous quarter was -. 2 so now we have plus .4 a movement of plus .6 annualised is 2.4%
Once the numbers are properly finalised the 0.3 growth won't exist.
Re: Economic Growth
Posted: Mon Nov 11, 2019 3:01 pm
by Mikero
I think sightings of the Yeti are more reliable than the unemployment figures.
Mikero
Re: Economic Growth
Posted: Mon Nov 11, 2019 3:13 pm
by Thor
I do believe they are the ones the last labour government put in place to record such people.
I agree theres probably a few million on incapacity benefit or some such benefit.
Re: Economic Growth
Posted: Mon Nov 11, 2019 3:29 pm
by Max B Gold
Thor wrote: ↑Mon Nov 11, 2019 3:13 pm
I do believe they are the ones the last labour government put in place to record such people.
I agree theres probably a few million on incapacity benefit or some such benefit.
It's completely irrelevant what you believe. It's FACTS I want to hear about.
Re: Economic Growth
Posted: Mon Nov 11, 2019 4:05 pm
by F*ck The Poor & Fat
Max B Gold wrote: ↑Mon Nov 11, 2019 3:29 pm
Thor wrote: ↑Mon Nov 11, 2019 3:13 pm
I do believe they are the ones the last labour government put in place to record such people.
I agree theres probably a few million on incapacity benefit or some such benefit.
It's completely irrelevant what you believe. It's FACTS I want to hear about.
Like it’s the system introduced by the last Labour Government
Re: Economic Growth
Posted: Mon Nov 11, 2019 4:08 pm
by Max B Gold
dOh Nut wrote: ↑Mon Nov 11, 2019 4:05 pm
Max B Gold wrote: ↑Mon Nov 11, 2019 3:29 pm
Thor wrote: ↑Mon Nov 11, 2019 3:13 pm
I do believe they are the ones the last labour government put in place to record such people.
I agree theres probably a few million on incapacity benefit or some such benefit.
It's completely irrelevant what you believe. It's FACTS I want to hear about.
Like it’s the system introduced by the last Labour Government
Is that a FACT or are you just parroting Thor? Evidence please.
Re: Economic Growth
Posted: Mon Nov 11, 2019 5:32 pm
by jamespevans
Thor wrote: ↑Mon Nov 11, 2019 3:13 pm
I do believe they are the ones the last labour government put in place to record such people.
I agree theres probably a few million on incapacity benefit or some such benefit.
Incapacity Benefit hasn't existed since 2008 you pillock!
Re: Economic Growth
Posted: Mon Nov 11, 2019 5:35 pm
by Real Al
Thor wrote: ↑Mon Nov 11, 2019 12:00 pm
Adz wrote: ↑Mon Nov 11, 2019 11:04 am
Thor wrote: ↑Mon Nov 11, 2019 10:34 am
.6 growth over the last period x 4
You said .4? Plus a quick google says 0.3, so a 1.2 annualised rate. Or did I miss a us joke there?
The previous quarter was -. 2 so now we have plus .4 a movement of plus .6 annualised is 2.4%
Eh? Doesn't that make the last 6 months = +.0.2?
Re: Economic Growth
Posted: Mon Nov 11, 2019 6:08 pm
by F*ck The Poor & Fat
That we are arguing about the real size of growth over a period is nice. Decent figures brings out the nit-pickers who can’t take it.
Re: Economic Growth
Posted: Mon Nov 11, 2019 6:27 pm
by Ronnie Hotdogs
You all appear to have missed my non working link above.
Re: Economic Growth
Posted: Mon Nov 11, 2019 8:15 pm
by Thor
jamespevans wrote: ↑Mon Nov 11, 2019 5:32 pm
Thor wrote: ↑Mon Nov 11, 2019 3:13 pm
I do believe they are the ones the last labour government put in place to record such people.
I agree theres probably a few million on incapacity benefit or some such benefit.
Incapacity Benefit hasn't existed since 2008 you pillock!
Yeah nice one! Lovely person you are. For the record I dont know what any benefit is called as fortunately I've never needed any of them.
Have a nice evening.
Re: Economic Growth
Posted: Mon Nov 11, 2019 8:25 pm
by tuffers#1
Thor wrote: ↑Mon Nov 11, 2019 8:00 am
Nice to see that we did not follow Germany into recession with recorded growth of 0.4% which is welcomed. It also represents a decent swing from the last quarter and if we Americanise the numbers is 2.4% annually. That would be very good when you consider parliament is broken right now.
On top of this unemployment is likely to remain held at 3.9%
Wage growth at 3.8% is also welcomed.
Things look quite good from a numbers perspective.
UK growth 'slowest in almost a decade
Re: Economic Growth
Posted: Mon Nov 11, 2019 8:27 pm
by Thor
Ha ha, look at our european counterparts, they would all love our growth. Still keep those blinkers on tuffers.
Re: Economic Growth
Posted: Mon Nov 11, 2019 8:31 pm
by BoniO
Thor wrote: ↑Mon Nov 11, 2019 8:27 pm
Ha ha, look at our european counterparts, they would all love our growth. Still keep those blinkers on tuffers.
So we're growing eh. Just goes to show that being part of the EU is really working great for us!
Re: Economic Growth
Posted: Mon Nov 11, 2019 10:41 pm
by Adz
Thor wrote: ↑Mon Nov 11, 2019 12:00 pm
Adz wrote: ↑Mon Nov 11, 2019 11:04 am
Thor wrote: ↑Mon Nov 11, 2019 10:34 am
.6 growth over the last period x 4
You said .4? Plus a quick google says 0.3, so a 1.2 annualised rate. Or did I miss a us joke there?
The previous quarter was -. 2 so now we have plus .4 a movement of plus .6 annualised is 2.4%
I don't think you understand how gdp is calculated
Re: Economic Growth
Posted: Mon Nov 11, 2019 11:48 pm
by F*ck The Poor & Fat
Adz wrote: ↑Mon Nov 11, 2019 10:41 pm
Thor wrote: ↑Mon Nov 11, 2019 12:00 pm
Adz wrote: ↑Mon Nov 11, 2019 11:04 am
You said .4? Plus a quick google says 0.3, so a 1.2 annualised rate. Or did I miss a us joke there?
The previous quarter was -. 2 so now we have plus .4 a movement of plus .6 annualised is 2.4%
I don't think you understand how gdp is calculated
How?
And in particular which of the various ways are you referring to.
And based on that what is your figure.
Re: Economic Growth
Posted: Tue Nov 12, 2019 12:03 am
by tuffers#1
Thor wrote: ↑Mon Nov 11, 2019 8:27 pm
Ha ha, look at our european counterparts, they would all love our growth. Still keep those blinkers on tuffers.
Why just look at Europe thory boy ?
https://en.m.wikipedia.org/wiki/List_of ... prov=sfla1
End of 2018 the U.K was 154th ( out of 193)
in the world
Only Denmark & Italy behind in European terms .
You keep believing the Bullsh*t they serve up to you boy
