President Donald Trump must be happy with this report.
United States economic growth came in better than initially estimated in the third quarter, the Commerce Department said in its second estimate of Q3 gross domestic product (GDP). The July-to-September period saw GDP rise at a 2.1 percent annualized rate, up from the 1.9 percent figure the federal government touted in October.
Analysts had expected growth to come in at an unrevised rate of 1.9 percent.
What is interesting about this figure is that if you measure the economy from the income side, then GDP was 2.4 percent.
One can only imagine what growth would be like if there were no stinkin’ trade wars.
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