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Treasured Social Butterfly
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Re: GDP Rises At 2.6% Annual Pace

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Message 11 of 15

increased spending by both the federal government and businesses. Private housing investment, private inventory and state and local spending decline. Imports, which subtract from GDP, rose.

 

Those are not good signs for the future.

 

So it begins.
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Treasured Social Butterfly
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Re: GDP Rises At 2.6% Annual Pace

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Message 12 of 15

To which of the administration's "new" policies do you attribute this success?

 

 

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

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Valued Social Butterfly
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Re: GDP Rises At 2.6% Annual Pace

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@jimc91 wrote:

 

Acceleration: GDP Rises At 2.6% Annual Pace


 


Looks good after THE PORCINE PRESIDENT'S showing of 1.4% in the first quarter.

 

About that 1.4%, is that what is THE PORCINE PRESIDENT promised??????

 

No. no. my friend..... he promised 3%, 4%, 5%...... I can't remember which because, as with all of his promises, they aren't REAL, they don't come to fruition.

 

Even this 2.6% falls short of his promises.

 

Time for THE PORCINE PRESIDENT to be removed from office.

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Valued Social Butterfly
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Re: GDP Rises At 2.6% Annual Pace

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    And no where near the growth to 3.0%  that Donald said would happen.   

 

    “The economy is moving along at a pace that’s unexciting but not worrisome,” said Michael Feroli, chief U.S. economist at JPMorgan Chase & Co. in New York. “I wouldn’t want to emphasize that growth is accelerating based on the second quarter. The economy is plodding along at a slow and steady pace.”

 

    h/t  Bloomberg.  

PRO-LIFE is Affordable Healthcare for ALL .
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GDP Rises At 2.6% Annual Pace

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Acceleration: GDP Rises At 2.6% Annual Pace The economy picked up pace in the second quarter, growing at more than double the pace recorded earlier this year thanks to consumers stepping up spending, a rise in business spending and rising exports.

Gross domestic product expanded at a 2.6 percent annual rate in the Commerce Department’s first estimate for the second quarter of 2017. In the first quarter, real GDP increased 1.2 percent, a downward revision from the earlier estimate.

 

The increase reflected increased consumer spending, exports, and increased spending by both the federal government and businesses. Private housing investment, private inventory and state and local spending decline. Imports, which subtract from GDP, rose.

 

 

http://www.breitbart.com/economics/2017/07/28/gdp-rises-annual-pace/

 

http://www.cnbc.com/2017/07/28/2q-2017-us-gdp.html

 

++++++++++++++++++++++++++++++++++++++++++++++

 

This is great news for America!!  #MAGA

 

 

 

VIMTSTL
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