US Economy grows, GDP at 3.3 percent

[rightwinger]

Great news as US Economy remains strong and 4th Qtr 2023 GDP grows at 3.3 percent

https://www.cnn.com/2024/01/25/economy/fourth-quarter-gdp/index.html

The US economy remained shockingly robust in the fourth quarter to close out a remarkably strong 2023 as consumers and businesses continued to spend.

Gross domestic product, a measure of all the services and goods and produced, rose at a seasonally adjusted, annualized 3.3% rate from October through December, the Commerce Department reported Thursday.

 

[rightwinger]

The fourth quarter’s rate trounced the 1.5% that economists were expecting, according to FactSet estimates. The economy’s strength in the final months of 2023 was broad based, driven by consumer spending, business investment, government outlays, exports and improvements in housing conditions.

 

[Magnus]

Great news as US Economy remains strong and 4th Qtr 2023 GDP grows at 3.3 percent

https://www.cnn.com/2024/01/25/economy/fourth-quarter-gdp/index.html

The US economy remained shockingly robust in the fourth quarter to close out a remarkably strong 2023 as consumers and businesses continued to spend.

Gross domestic product, a measure of all the services and goods and produced, rose at a seasonally adjusted, annualized 3.3% rate from October through December, the Commerce Department reported Thursday.

Yup, great news. But not for traitors. There will be a few on this thread who will be upset about this news.

 

[rightwinger]

Yup, great news. But not for traitors. There will be a few on this thread who will be upset about this news.

Who could object to a booming economy?

 

[Magnus]

Who could object to a booming economy?

Traitors. People who hate 'Merica. Let's see how many show up.

 

[odanny]

Thank you Mr. President, keep up the AMAZING work!

 

[Smokin' OP]

Who could object to a booming economy?

Trump Hopes Any US Market Crash Occurs Under Biden ...​

Bloomberg
https://www.bloomberg.com › news › articles › trump...
Jan 9, 2024 — Donald Trump said he hopes any US economic crash happens this year and not during his prospective second term.

 

[Harpy Eagle]

Great news as US Economy remains strong and 4th Qtr 2023 GDP grows at 3.3 percent

https://www.cnn.com/2024/01/25/economy/fourth-quarter-gdp/index.html

The US economy remained shockingly robust in the fourth quarter to close out a remarkably strong 2023 as consumers and businesses continued to spend.

Gross domestic product, a measure of all the services and goods and produced, rose at a seasonally adjusted, annualized 3.3% rate from October through December, the Commerce Department reported Thursday.

this is going to piss off some people

 

[Winco]

Inside, the trump cult will be happy they are seeing more success, but publicly they MUST call these numbers FAKE.

WILL there be a cult member that has the balls to say….”yes, these great GDP numbers are great for America “

Followed by the normal negative talking points.

 

[Harpy Eagle]

Who could object to a booming economy?

 

[citygator]

Great news as US Economy remains strong and 4th Qtr 2023 GDP grows at 3.3 percent

https://www.cnn.com/2024/01/25/economy/fourth-quarter-gdp/index.html

The US economy remained shockingly robust in the fourth quarter to close out a remarkably strong 2023 as consumers and businesses continued to spend.

Gross domestic product, a measure of all the services and goods and produced, rose at a seasonally adjusted, annualized 3.3% rate from October through December, the Commerce Department reported Thursday.

 

[luiza]

• Disguised CRAP . lapped up by the Gullibles
• 
  
• Personal consumption contributed 1.91%, more than half of the 3.280%. On an annualized basis, this amounted to a 2.8% increase, better than the 2.5% expected, but down from 3.1% last quarter.
• Fixed Investment also dipped, adding 0.31% to the bottom line number, down from 0.46% in Q3
• The change in private inventories was flat, contribuing 0.07% of the bottom line number, and denying expectations of a decline due to Q4 destocking after last quarter's 1.27% inventory change surge.
• Also in the unexpected column was the contribution from net exports, which added 0.43% to the bottom line number, up from 0.03% last quarter, as exports supposedly surged despite the sharp jump in the dollar in Q4.
• Finally, government contributed another 0.56% of the bottom line number, which while down from 0.99% in Q3, has continued a bizarre series where government remains one of the largest GDP contributors.

 

[citygator]

I am starting to be very concerned no one will be able to buy my house from me without making me much wealthier. This damn economy!

 

[Magnus]

• Disguised CRAP . lapped up by the Gullibles
• 
  
• Personal consumption contributed 1.91%, more than half of the 3.280%. On an annualized basis, this amounted to a 2.8% increase, better than the 2.5% expected, but down from 3.1% last quarter.
• Fixed Investment also dipped, adding 0.31% to the bottom line number, down from 0.46% in Q3
• The change in private inventories was flat, contribuing 0.07% of the bottom line number, and denying expectations of a decline due to Q4 destocking after last quarter's 1.27% inventory change surge.
• Also in the unexpected column was the contribution from net exports, which added 0.43% to the bottom line number, up from 0.03% last quarter, as exports supposedly surged despite the sharp jump in the dollar in Q4.
• Finally, government contributed another 0.56% of the bottom line number, which while down from 0.99% in Q3, has continued a bizarre series where government remains one of the largest GDP contributors.

Right on cue... Thoughts & Prayers.

 

[Winco]

• Disguised CRAP . lapped up by the Gullibles
• 
  
• Personal consumption contributed 1.91%, more than half of the 3.280%. On an annualized basis, this amounted to a 2.8% increase, better than the 2.5% expected, but down from 3.1% last quarter.
• Fixed Investment also dipped, adding 0.31% to the bottom line number, down from 0.46% in Q3
• The change in private inventories was flat, contribuing 0.07% of the bottom line number, and denying expectations of a decline due to Q4 destocking after last quarter's 1.27% inventory change surge.
• Also in the unexpected column was the contribution from net exports, which added 0.43% to the bottom line number, up from 0.03% last quarter, as exports supposedly surged despite the sharp jump in the dollar in Q4.
• Finally, government contributed another 0.56% of the bottom line number, which while down from 0.99% in Q3, has continued a bizarre series where government remains one of the largest GDP contributors.

Exactly, right on cue Magnus

luiza could read a report like this for every GDP report in History, but you choose to think all of what you copied and pasted is a LIE.

I don't feel bad for the low-income workers that refuse to better themselves.

 

[Harry Dresden]

Exactly, right on cue Magnus

luiza could read a report like this for every GDP report in History, but you choose to think all of what you copied and pasted is a LIE.

I don't feel bad for the low-income workers that refuse to better themselves.

you sound like a republican winco......they dont feel bad for those ones either....

 

[luiza]

Right on cue... Thoughts & Prayers.

And as ever , I am Bang On the Money .

Ad hominem school boy panic cuts no ice with me

 

[luiza]

you sound like a republican winco......they dont feel bad for those ones either....

Good to see you Regurgitators stopped dead in your tracks .
It gets infuriating when a Critical Thinker blows you out of the water .

Anybody like to engage in further and more detailed analysis ?
Of course not . You are the Parrot Squad .

 

[IM2]

• Disguised CRAP . lapped up by the Gullibles
• 
  
• Personal consumption contributed 1.91%, more than half of the 3.280%. On an annualized basis, this amounted to a 2.8% increase, better than the 2.5% expected, but down from 3.1% last quarter.
• Fixed Investment also dipped, adding 0.31% to the bottom line number, down from 0.46% in Q3
• The change in private inventories was flat, contribuing 0.07% of the bottom line number, and denying expectations of a decline due to Q4 destocking after last quarter's 1.27% inventory change surge.
• Also in the unexpected column was the contribution from net exports, which added 0.43% to the bottom line number, up from 0.03% last quarter, as exports supposedly surged despite the sharp jump in the dollar in Q4.
• Finally, government contributed another 0.56% of the bottom line number, which while down from 0.99% in Q3, has continued a bizarre series where government remains one of the largest GDP contributors.

Lol! Biden is kicking ass. And right on time.

 

[IM2]

Good to see you Regurgitators stopped dead in your tracks .
It gets infuriating when a Critical Thinker blows you out of the water .

Anybody like to engage in further and more detailed analysis ?
Of course not . You are the Parrot Squad .

You just don't want to accept this. How much deep analysis did you do during trump?

None. Because if you did, you would know that in trumps first two years, he lived off the economy he inherited from Obama/Biden. So the fact that Biden is crushing it on the economy should not be surprising.