Third Quarter GDP Growth Revised Upward to 3.3% – IOTW Report

Third Quarter GDP Growth Revised Upward to 3.3%

Conservative Treehouse:

I’m getting really sick and tired of economic analysts talking down the U.S. economy even when they are surrounded with resoundingly good news.  These economic control agents are furious that President Trump is deconstructing their decades-long lies; and showing just how manipulated the U.S. economy has been – by elites, to the detriment of the middle-class…. I digress:

Despite the devastating hurricanes in August and September the Third-Quarter GDP grew at a revised upward rate of 3.3%. Third quarter growth was initially reported at 3%.

BLOOMBERG – The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses and government agencies than previously estimated, Commerce Department data showed Wednesday.

The 3rd quarter (July, Aug, Sept) growth was led by business-equipment spending which rose at a 10.4% pace, a three-year high, revised from the initial report of 8.6%. CTH has continually highlighted that capital investment and capital equipment purchasing is a key to see how confident businesses are in the future.  read more

7 Comments on Third Quarter GDP Growth Revised Upward to 3.3%

  1. Hannity played Trump’s speech in Missouri this afternoon.

    Trump was motherfucking ON FIRE! :0
    Hella YES!!!!

    Seriously, catch this speech.
    He fucked up the democrats, Hillary, Rocketman, all in one fell swoop.

    I was never more proud of him and my country.
    I would have popped open a bottle of $116 Don Julio 1942 tequila in his honor if I hadn’t already drank it over Thanksgiving! 🙂

    Given the chance to hug him or Melania, or Ivanka…I damn well may have chosen Donald!

    OK..OK…Ivanka…I can’t lie! 🙂 🙂 🙂

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