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U.S. economy grows 3.2% in the first quarter, well above estimates
Yahoo News ^
| April 26, 2019
| Emily McCormick
Posted on 04/26/2019 5:45:45 AM PDT by John W
The U.S. economy grew at a 3.2% annualized rate in the first three months of the year, according to the first read on gross domestic product from the Bureau of Economic Analysis.
This came in well above expectations for 2.3% growth, according to consensus economist polled by Bloomberg.
In the fourth quarter, GDP grew at an annualized pace of 2.2%. Growth was 2% in the first quarter of 2018.
(Excerpt) Read more at finance.yahoo.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS: gdp; quartergdp; stockmarket
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1
posted on
04/26/2019 5:45:45 AM PDT
by
John W
To: John W
Watching Maria Bartiromo. She had Stephanie Pomboy on to comment on the Q1 GDP. Pomboy looked like she was going to cry when she heard the 3.2% figure.
Don't know why Maria even bothers with Pomboy, or anyone else who lives for bad economic news. But it must have been gratifying for her to watch Pomboy choke back the tears this morning.
2
posted on
04/26/2019 5:50:19 AM PDT
by
LIConFem
(I will no longer accept the things I cannot change. it's time to change the things I cannot accept.)
To: John W
And so much doom & gloom from the DIMs & MSM.
Thank you Mr President.
To: John W
"U.S. economy grows 3.2% in the first quarter, well above estimates"
Unlike under Obama, where underperformance always happened "unexpectedly".
To: John W
5
posted on
04/26/2019 5:51:28 AM PDT
by
Eccl 10:2
(Prov 3:5 --- "Trust in the Lord with all your heart and lean not on your own understanding")
To: All
CNBCs take, complete with the misuse by the author of "seized" rather than "ceased"
HERE
6
posted on
04/26/2019 5:52:01 AM PDT
by
JonPreston
( The GOPe is on board with the North American Union and the European Union.)
To: John W
To: John W
Stunning news!
I can't wait to watch Trump use is this at his next rally.
8
posted on
04/26/2019 5:55:30 AM PDT
by
nathanbedford
(attack, repeat, attack! Bull Halsey)
To: John W
Means ex shutdown was nearly 4%
9
posted on
04/26/2019 5:56:43 AM PDT
by
rb22982
To: LS
10
posted on
04/26/2019 5:59:37 AM PDT
by
Tennessean4Bush
(An optimist believes we live in the best of all possible worlds. A pessimist fears this is true.)
To: JonPreston
Nicely done, CNBC. “Seized.”
LMAO!!!!
11
posted on
04/26/2019 6:06:12 AM PDT
by
ScottinVA
(The most urgent gathering threat to America: the Democrat Party)
To: John W
To: John W
Yesterday, one of the cnbc bitches said that originally she had predicted 1% GDP she was now upping it to about 2-2.2%.
Whooooooooooops!!!! 3.2% is a little more than 1%.
It is 320 percent more that 1, that is YUGE!!!
13
posted on
04/26/2019 6:06:50 AM PDT
by
USS Alaska
(Nuke all mooselimb terrorists, today.)
To: nathanbedford
Rally tomorrow during the boring White House Correspondents dinner will be so much fun. GDP growth will be a feature.
14
posted on
04/26/2019 6:06:50 AM PDT
by
Freee-dame
(Best election ever! 2016)
To: John W
Democrats and other Communists hardest hit. Look for the leftist talking heads to try and explain this away.
15
posted on
04/26/2019 6:08:52 AM PDT
by
Truth29
To: John W
To: USS Alaska
While it is 320% as compared to 100% (at 1%), it is only 220% more.
To: Phillyred
Butt obama and his msm pigeons said that 1.5% is the new normal.
18
posted on
04/26/2019 6:15:43 AM PDT
by
Sirius Lee
(“Individual liberty and freedom are not outmoded concepts.”)
To: John W
That Obama economy is sure paying off for us!!!!
To: JonPreston
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