The Negative Economic Growth Number

First quarter GDP growth was minus one point four percent. The producer price index, if that goes it means prices may go down in the future. To find a higher number than eight %, you have to go back to 19 81. We haven't had a minus signed since that nasty second quarter. Consumption dropped two point seven, well below expectations,. sequentially, it's actually higher than last time, which was two point five.