U.S. Economy Slows to ‘Near Standstill’ as Omicron, Supply Chain Delays, and Inflation Surge

Economic growth in the United States slowed sharply in the first weeks of the year due to supply chain disruptions, high prices, and labor shortages linked to the surge in Covid-19 infections, according to data from a purchasing managers survey released Monday.

The U.S. IHS Markit flash composite purchasing managers index, one of the first comprehensive looks at economic growth this year, fell to 50.8 in January from 57.0 in December, severely undershooting expectations and signaling almost no growth in the economy. Economists had forecast a reading of 56.7.



https://www.breitbart.com/economy/2...cron-supply-chain-delays-and-inflation-surge/

Some of the earliest indicators of economic growth in 2022 show almost no growth, and a far lower than expected score.

Causative factors include Covid, inflation, and supply chain issues all of which Biden has failed to adequately address.

None of these factors are likely to improve before the November mid terms.

 

Americans are feeling this...

 

Couple of points, first off, "Brietfart," for real?

Secondly, the economy could be better but it is hardly the doomsday analysis "Brietfart" portrays (https://www.thebalance.com/how-is-the-economy-doing-3306046), and much better than where it was a year ago

And lastly, "Omicron, Supply Chain Delays, and Inflation" aren't variables that a President can control, so, what's your point?

 

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When you start by smearing the messenger it suggests you don't have a legitimate argument.

Biden said he was going to solve covid, inflation, and the supply chain crisis.

In fact all are getting worse and Biden will face the blame.

 

"Causative factors include Covid, inflation, and supply chain issues all of which Biden has failed to adequately address."

no way to address them, other then time

 

Top Dems are gonna have a tough time with that message.

 

yep, we're in the middle of a worldwide Pandemic, that is expected

 

Tell that to the voters who were promised things would get better with Biden in the WH. Inflation hits the poor the hardest and many of the nations poor vote Democrat.

 

not gonna happen overnight, Biden still has 3 years to go

 

It's not what the voters expected when they heard Biden promise things would get better.

 

Trump really screwed up this country, will take a while to clean up Trump's mess

 

Biden is already a lame duck considering how he can't get his BBB agenda passed. He lied to the progressive wing of the party. They won't be very forgiving.

 

That horse has already been beaten to death. Biden is the president now and things are only getting worse.

 

yep, Trump made a mess and Biden is cleaning it up, but yes, some will want him to clean up the last admins failures faster

 

More inauthentic finger pointing.

 

He's cleaned nothing up.

What has improved under Biden?

 

still 1000x better than Dotard Trump, maybe next time are choices won't be two elderly old men

 

WHAT is 1000x better?

 

I only voted for Biden cause Trump was that bad, that said, Biden has done well so far, considering were are in the middle of a Pandemic

 

Biden got Infrastructure passed, Trump failed to do that

 

Trump was fired.... that right there is enough, the rest like Infrastructure and ending the war is all bonus

 

Democracy.

 

And many are going to vote on this ONE issue .

 

We don't have a democracy.