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Re: U.S. Economy s Growth Slowed to 1.9% in Third Quarter

By: Cactus Flower in ALEA | Recommend this post (0)
Thu, 31 Oct 19 2:56 AM | 34 view(s)
Boardmark this board | The Trust Matrix 		Msg. 32587 of 54959
(This msg. is a reply to 32585 by clo)
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We're gradually moving out of the Obama expansion and towards the Trump-created recession. The heap of bad decisions gradually adds up.

Will his recession occur before the election? Looks like it.

Who will he blame for it? Everyone but himself.

Is he capable of combatting it? Nope. His policies are the problem. More of them will make things worse.

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The above is a reply to the following message:
U.S. Economy’s Growth Slowed to 1.9% in Third Quarter
By: clo in ALEA
Wed, 30 Oct 19 11:54 PM 		Msg. 32585 of 54959

and the only reason it was that 'good':

The Journal reports the figure was boosted by government and consumer spending, residential investment, and exports. 

U.S. Economy’s Growth Slowed to 1.9% in Third Quarter

U.S. economic growth slowed during the third quarter as business investment declined, The Wall Street Journal reports. Gross domestic product—the value of goods and services produced in the U.S.—rose at an annual rate of 1.9 percent from July through September, according to Commerce Department figures released Wednesday.

That’s a slight slowdown from the second quarter, when the economy grew at a 2 percent annual rate. However, third-quarter growth was stronger than experts had predicted before the release.

The Journal reports the figure was boosted by government and consumer spending, residential investment, and exports. 

Read it at Wall Street Journal

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