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Year in Review: Strong Job Market and Consumer Spending Boost Economy as 2019 Wraps Up
This article is part of a special Epoch Times series reviewing 2019
December 22, 2019
Year in Review: Strong Job Market and Consumer Spending Boost Economy as 2019 Wraps Up
The economy is finishing the year in stronger shape, thanks in part to resilient consumers and a healthy job market. With near-record low unemployment and solid wage growth, the U.S. labor market is expected to continue to underpin consumer spending and the economy.
The Commerce Department said Friday that the total output of goods and services, or the gross domestic product (GDP), expanded at an annual rate of 2.1 percent in the July-September quarter. “The economy is still solid,” said Diane Swonk, chief economist at Grant Thornton........
ME: Thank you President Trump for a great 2019. Four More Years!!!
This article is part of a special Epoch Times series reviewing 2019
December 22, 2019
Year in Review: Strong Job Market and Consumer Spending Boost Economy as 2019 Wraps Up
The economy is finishing the year in stronger shape, thanks in part to resilient consumers and a healthy job market. With near-record low unemployment and solid wage growth, the U.S. labor market is expected to continue to underpin consumer spending and the economy.
The Commerce Department said Friday that the total output of goods and services, or the gross domestic product (GDP), expanded at an annual rate of 2.1 percent in the July-September quarter. “The economy is still solid,” said Diane Swonk, chief economist at Grant Thornton........
ME: Thank you President Trump for a great 2019. Four More Years!!!
