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US economic growth revised up on strong consumer spending

Metric Mouse

Metric Mouse

Your hi-top sneakers and your sailor tattoos.
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www.bbc.com

US economic growth revised up on strong consumer spending

Growth was revised up to 3.8% in the period from April through to June - up from the previous estimate of 3.3%.
www.bbc.com www.bbc.com

The US economy grew faster than previously thought this spring, fuelled by robust consumer spending and falling imports, according to new government data.

Gross domestic product (GDP), which measures goods and services production, rose at an annualised rate of 3.8% in the period from April through June
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Good news.

We could be having economic shrinking like Canada or Germany... and that would be bad. Glad things are not as bad as some have said, even if they could be better.
 
I'm cautiously optimistic for the short term, but highly optimistic over the long-term. Trump is working some growing systemic problems that other politicians has labeled as politcal suicide. The American people have voted in a much needed outsider that's not afraid to step on people's toes and get the job done. If you listened to the 'experts' you would have sold all your stocks and hid under a rock. Good thing most people are smarter than that.
 
Metric Mouse said:
www.bbc.com

US economic growth revised up on strong consumer spending

Growth was revised up to 3.8% in the period from April through to June - up from the previous estimate of 3.3%.
www.bbc.com www.bbc.com



Good news.

We could be having economic shrinking like Canada or Germany... and that would be bad. Glad things are not as bad as some have said, even if they could be better.
Click to expand...
And these numbers come from the new Trump micromanaged BLS?

What a surprise they appear better than the non-partisan ones before the firing of the impartial director.
 
Good Economic news: Trump has no control over the Economy!

Bad Economic News: Damn TRUMP!!

Rinse, repeat.
 
Metric Mouse said:
www.bbc.com

US economic growth revised up on strong consumer spending

Growth was revised up to 3.8% in the period from April through to June - up from the previous estimate of 3.3%.
www.bbc.com www.bbc.com



Good news.

We could be having economic shrinking like Canada or Germany... and that would be bad. Glad things are not as bad as some have said, even if they could be better.
Click to expand...
Just points out the blatant lefty biased propaganda where they claim Trump is destroying the economy and don't even mention a damn word about Canada or Germany. Back when Biden and the democrats had over 9% inflation in just one year all the left could say was, "Yeah but look at the rest of the world". Now they attack Trump because inflation ticked up from 2.7 to 2.9 and fail to mention other countries' economies.
 
Moderate Right said:
Just points out the blatant lefty biased propaganda where they claim Trump is destroying the economy and don't even mention a damn word about Canada or Germany. Back when Biden and the democrats had over 9% inflation in just one year all the left could say was, "Yeah but look at the rest of the world". Now they attack Trump because inflation ticked up from 2.7 to 2.9 and fail to mention other countries' economies.
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Which Trump actions are positively impacting the economy?
 
Moderate Right said:
Ummmmmmmmmmm, the economy is growing while some other countries such as Canada and Germany are not.
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That's an answer to a question that I didn't ask.
Again, what Trump ACTIONS are positively impacting the economy.

For instance -
Trump signed an EO that ..... which spurred ....
 
Ishm said:
The point being that they could be, and if they were, it would surprise no one with Trump in charge.
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The new leftoid cookie cutter reply is to say the data is false.

lynnwinslow said:
Which Trump actions are positively impacting the economy?
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All of them.

Moderate Right said:
Ummmmmmmmmmm, the economy is growing while some other countries such as Canada and Germany are not.
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The Canadian economy only grows if Washington says it's okay.
 
Taylor said:
Good news indeed. Not long ago, people here were predicting that store shelves would be empty by June and that we'd be in the midst of a recession.
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The anti-Trumps and their empty predictions. Partisanship to the max!
 
tharock220 said:
All of them.
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One more try.
Name three specific actions by Trump that you think are positively impacting the economy and why. If you are this intent on defending the regime you should really step up your debate game.
 
This seems like we're back to more of the same in terms of consumer spending increasing yet consumer confidence dropping. This was that odd factor during the Biden administration as well. In terms of the revision, the interesting part was some of it due to a slow down of imports due to companies having stocked up earlier in the year. We'll see how all of this trends.
 
ElChupacabra said:
This seems like we're back to more of the same in terms of consumer spending increasing yet consumer confidence dropping. This was that odd factor during the Biden administration as well. In terms of the revision, the interesting part was some of it due to a slow down of imports due to companies having stocked up earlier in the year. We'll see how all of this trends.
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fortune.com

The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3 | Fortune

Stronger GDP also means the Federal Reserve will be under less pressure to lower rates aggressively.
fortune.com fortune.com

Trending up, according to early estimates.
 
uptower said:
Must be the 9 trillion in foreign investment

View attachment 67591771
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Wait, what?

Did the poster think this was supposed to be from one single economy?

Or did they really expect us to believe that the entire world outside of the United States does not have a measly 9 trillion economy? Because that's crazy!

Dumb, and super racist.
 
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