GREAT!: GDP Up To 3.3%...

Dschrute3

Gold Member
Dec 10, 2016
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Oh chit, Democrats gotta be gettin tired of all this Trump winning. :rock:


U.S Third-Quarter Growth Revised To 3.3%

The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses and government agencies than previously estimated, Commerce Department data showed Wednesday.

The latest results for GDP, the value of all goods and services produced, show the economy withstood major hurricanes to reach a more solid footing as it entered the final stretch of the year, thanks to stronger business spending that’s helping cushion a softer pace of consumption.

Federal Reserve Chair Janet Yellen said Wednesday, just before the GDP report, that the expansion is “increasingly broad based across sectors as well as across much of the global economy.”

U.S. Third-Quarter Growth Revised to Three-Year High of 3.3%
DRUDGE REPORT 2017®
 
tomorrow joe biden will make his statement that the stimulating vibrator bill is working and thats why Obama is now creating 350,000 jobs a month
 
Oh chit, Democrats gotta be gettin tired of all this Trump winning. :rock:


U.S Third-Quarter Growth Revised To 3.3%

The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses and government agencies than previously estimated, Commerce Department data showed Wednesday.

The latest results for GDP, the value of all goods and services produced, show the economy withstood major hurricanes to reach a more solid footing as it entered the final stretch of the year, thanks to stronger business spending that’s helping cushion a softer pace of consumption.

Federal Reserve Chair Janet Yellen said Wednesday, just before the GDP report, that the expansion is “increasingly broad based across sectors as well as across much of the global economy.”

U.S. Third-Quarter Growth Revised to Three-Year High of 3.3%
DRUDGE REPORT 2017®

Does Trump get the credit for this?
 
I am not going to bash it but realize that any quick scan of a graph will show that this has been occurring since 2010. ;) Trumps policies will most likely lead to the reverse of such growth in the long term.

^^^ and we have a winner the very next post after my prediction.
 
Oh chit, Democrats gotta be gettin tired of all this Trump winning. :rock:


U.S Third-Quarter Growth Revised To 3.3%

The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses and government agencies than previously estimated, Commerce Department data showed Wednesday.

The latest results for GDP, the value of all goods and services produced, show the economy withstood major hurricanes to reach a more solid footing as it entered the final stretch of the year, thanks to stronger business spending that’s helping cushion a softer pace of consumption.

Federal Reserve Chair Janet Yellen said Wednesday, just before the GDP report, that the expansion is “increasingly broad based across sectors as well as across much of the global economy.”

U.S. Third-Quarter Growth Revised to Three-Year High of 3.3%
DRUDGE REPORT 2017®

What about now?

America's economy is slowing. Ending the trade war could fix that - CNN

New evidence emerged last week showing how tariffs and the vast uncertainty surrounding the US-China trade war are hurting the economy.
The manufacturing sector suffered its worst month since June 2009. Services, the larger portion of the modern economy, grew at its weakest pace in three years.

And although the unemployment rate tumbled to a 50-year low, a remarkable feat, private payroll growth continues to slow

The outlook for the economy is dimming. The New York Federal Reserve's GDP growth forecasting model was downgraded on Friday to 1.3% for the fourth quarter, compared with an earlier forecast of 1.8%.

 

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