Economic growth rate slows to 2% on a sharp slowdown in consumer spending

[Weatherman2020]

Let’s Go Brandon!

Economic growth rate slows to 2% on a sharp slowdown in consumer spending — CNBC

The U.S. economy grew at a 2% rate in the third quarter, its slowest gain of the pandemic-era recovery.

apple.news

 

[Oddball]

Wait a sec.....Wasn't it that all the supply chain issues have been caused by all the consumer buying going on out there?

Another economically illiterate leftbat blabbering point bites the dust.

 

[JGalt]

Let’s Go Brandon!

Economic growth rate slows to 2% on a sharp slowdown in consumer spending — CNBC

The U.S. economy grew at a 2% rate in the third quarter, its slowest gain of the pandemic-era recovery.

apple.news

Let's see:

The economic growth averaged 1.62% during the 8 years of Obama.

During his first three years in office, President Trump oversaw an annual average growth of 2.5%. It actually reached 3% in 2018.

Now we're back down to 2% and dropping.

Way to go Joe! I predicted from the start that he would fail.

 

[TroglocratsRdumb]

Don't worry.
The MSM will blame Trump for it.

 

[Weatherman2020]

There is an unofficial recession underway. Between people living rent free and Biden Bonus Bucks for staying home, the economy is in shambles now that these things are gone.

 

[JGalt]

Any bets on how much it gets revised down even lower in the next few months?

 

[TroglocratsRdumb]

I have never seen high unemployment and a labor shortage at the same time.
Biden's unconstitutional vax mandate is forcing people to quite their jobs.

 

[Moonglow]

Let’s Go Brandon!

Economic growth rate slows to 2% on a sharp slowdown in consumer spending — CNBC

The U.S. economy grew at a 2% rate in the third quarter, its slowest gain of the pandemic-era recovery.

apple.news

and it's still higher than the fat Cheeto's

 

[Moonglow]

I have never seen high unemployment and a labor shortage at the same time.
Biden's unconstitutional vax mandate is forcing people to quite their jobs.

There is no labor shortage that is a lie.

 

[BlindBoo]

People probable saw all the empty shelves the media shows all the time and just decided to stay home. It's all overpriced anyway.

 

[Moonglow]

Let's see:

The economic growth averaged 1.62% during the 8 years of Obama.

During his first three years in office, President Trump oversaw an annual average growth of 2.5%. It actually reached 3% in 2018.

Now we're back down to 2% and dropping.

Way to go Joe! I predicted from the start that he would fail.