Original link: The U.S. economy has suddenly been thrown into reverse as key GDP indicator flashes stunning negative forecast / Fortune / Yahoo.
The US economy may be headed towards lower growth or maybe even recession. Depending on whose GDP forecast is to be believed.
Uncertainty, tightening fiscal policy and trade war is not good for the economy.
The Trump administration seems to be planning a rather unique way to deal with bad GDP numbers: redefine GDP per NASDAQ. That will take the drop in GDP due to federal government cuts out of the numbers. But it will not help the economy.