
Here’s the report from the Bureau of Economic Analysis. And this is just the beginning. “‘The weakness this quarter is also a preview of weakness in future quarters,’ Tara Sinclair, director of the Center for Economic Research at George Washington University, was quoted in The Washington Post. Chris Rupkey, chief economist at Fwdbonds, a financial research firm, added, “Growth has simply vanished . . . there is simply no way for policy advisers to sugarcoat this.”