Friday, April 26, 2019

Winning: 1st quarter GDP growth at 3.2 percent

This year is off to a great start for President Donald J. Trump. And of course the country.

From CNBC:
First quarter GDP increases 3.2 percent, beating 2.5 percent estimates

The U.S. economy grew at a faster pace than expected in the first quarter and posted its best growth to start a year in six years.

First-quarter GDP expanded by 3.2% in the first quarter, the Bureau of Economic Analysis said. Economists polled by Dow Jones expected the U.S. economy increased by 2.5% in the first quarter. It was the first time since 2013 that first-quarter GDP topped 3%.

Disposable personal income increased by 3%, while prices increased by 1.3% when excluding food and energy. Overall prices climbed by 0.8% in the first quarter.

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