US economy grew at solid 3.1% rate in first quarter

The U.S. economy grew at a healthy 3.1% rate in the first three months of this year, but signs are mounting that growth has slowed sharply in the current quarter amid slower global growth and a confidence-shaking trade battle between the United States and China.

The Commerce Department reports that the gain in the gross domestic product, the broadest measure of economic health, was unchanged from a month ago. However, the components of growth shifted slightly with stronger business investment and consumer spending slowing more than previously estimated. Economists believe growth has slowed sharply in the current April-June quarter to around 2%. They expect similar meager gains for the rest of the year, a forecast that runs counter to the Trump administration's expectations for strong growth above 3%.

Source: Financial Digest (financialdigest.net)

Nice

Thank you President Donald J Trump POTUS WhiteHouse realDonaldTrump IvankaTrump LaraLeaTrump GOPChairwoman

Russians did this!!!

MAGA!

And the dipshits last night on the democrat debate called the economy a failure wow

Not possible! Or so we were told......

I guess trump do have a magic wand after all!!

And the Dems say we are stagnant?!?😂

Thank you PresidentTrump MAGA

And how did that 3.1% growth... in 3 months mind you... help people from the middle class down? Did their salaries / bank accounts also grow at 3.1%?

Thanks Trump! MAGA

And the rest of it should be in the headlines. Anything since March will be slow.

You’re Welcome.

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