Political Wire

SubscribeSign in
  • Front Page
  • Trending News
  • Polling Dashboard
  • Trial Balloon
  • Membership
    • Subscribe
    • Sign In
  • Sign In
  • Contact Us
Theme
Text size

Omicron, Inflation Drive Down U.S. Growth Outlook

January 16, 2022 · 4:51 pm ET · Leave a Comment

“The outlook for economic growth in the first quarter and 2022 is darkening amid the latest wave of Covid-19, as consumers grapple with high inflation and businesses juggle labor and production disruptions,” the Wall Street Journal reports.

“Forecasters surveyed by The Wall Street Journal this month slashed their expectation for growth in the first quarter by more than a percentage point, to a 3% annual rate from their forecast of 4.2% in the October survey.”

New York Times: Supply chain woes could worsen as China imposes new Covid policies.

Economy

← PreviousEx-Defense Secretary Meets with Select CommitteeNext →Omicron Hasn’t Hit Rural Communities Yet

Latest on Political Wire

  • 5:35 amThe White House Has Unleashed RFK Jr.
  • 5:31 amTrump and Paxton Make for an Awkward Pair
  • 5:27 amMike Johnson Raises Record $156 Million for House GOP

Front page →

Political Wire is reader-supported. Join for ad-free reading, member posts and new features →

Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

More about Taegan Goddard →

?Political Trivia

  • The Way It Was
    Eight moments in political history. Put them on a timeline.
    Play →
  • Yea or Nay?
    Five senators. Three bills. Can you guess how they all voted?
    Play →
  • Split Decision
    Nine Justices. One case. How did they rule?
    Play →
  • Pollster
    Do you have your finger on the pulse of America?
    Play →
  • Daily Trivia
    Four questions a day.
    Play →

A new game every day.

Your Account

Members

For the full experience, sign in.

Become a Member

  • Join Political Wire
  • Gift a Membership

Members Only

  • Another Trouble Sign for Republicans
  • Another Brutal Warning Sign for Republicans
  • Who’s Running Ken Paxton’s Campaign?
  • The Battleground Is Getting Much Bigger
  • One Chart That Explains the Midterm Elections

?Political Trivia

  • The Way It Was →
  • Yea or Nay? →
  • Split Decision →
  • Pollster →
  • Daily Trivia →

Word of the Day Political Dictionary

Inside Baseball

The term “inside baseball” refers to any subject matter which is considered too highly specialized to be appreciated by the general public.

Read the definition →

Yesterday’s Word of the Day: True Believer

Show me a random term

Copyright © 2026 · Goddard Media LLC

Political Wire® is a registered trademark of Goddard Media LLC

Also from Goddard Media: Political Dictionary · Political Job Hunt · Electoral Vote Map

Privacy PolicyCorrections PolicyContact