dChan
Anonymous ID: 4e4cad April 26, 2019, 7:51 a.m. No.6321964   🗄️.is 🔗kun

>>6321532

Already paid. If we go down that road, the Mongolians owe us all billions, the Turks trillions and the pesky Romans owe the world free food forever.

Anonymous ID: 4e4cad April 26, 2019, 8:06 a.m. No.6322090   🗄️.is 🔗kun

US economy grew at 3.2 percent in first quarter, exceeding expectations

 

Economic growth in the U.S. blew past expectations in the first quarter of 2019, easing fears of an impending slowdown that kicked off the year.

 

U.S. gross domestic product (GDP) grew at an annual rate of 3.2 percent in the first quarter of 2019, according to an initial estimate of growth released Friday by the Commerce Department.

 

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Economists had expected U.S. GDP to grow roughly 2.5 percent between the first quarters of 2018 and 2019, typically one of the weaker periods for the American economy. Shaky financial markets, lagging retail sales and weak job gains all improved over the course of the first four months of 2019, improving the overall economic outlook along the way.

Increases in consumer spending, private inventory investment, nonresidential fixed investment, exports and nonfederal government spending helped drive strong first quarter growth, the Commerce Department said.

 

The second estimate for first-quarter growth, based on a fuller set of data, will be released on May 30.

 

The surprisingly high first quarter growth rate is the latest sign of strength for the U.S. economy well into its 10th year of expansion since the Great Recession. The economy grew at a solid 2.9 percent rate in 2018, but slowing growth and severe financial market turmoil to end the year raised concerns of an impending slowdown.

 

Despite a sluggish start to 2019, the U.S. economy has added an average 180,000 jobs per month this year while the stock market has reached record highs.

 

The persistent strength of the economy is also welcome news for President Trump, who is banking on consistent growth and low unemployment to survive a difficult reelection bid in 2020.

 

https://thehill.com/policy/finance/440791-us-gdp-rose-32-percent-in-first-quarter

 

As long as the economy keeps ticking along, Trump is almost guaranteed the 2020 election.

 

Enjoy the show!