TRUMP ECONOMY JUMPS 2.6% IN 2ND QUARTER

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Trump economy continues to surge and that’s all that matters.

 

According to Market Watch, Gross Domestic Product (GDP) grew by 2.6% in Q2 2017, a substantial increase over Q1’s anemic 1.2% growth — and it’s only going to get better next quarter:

A vibrant labor market has raised incomes for millions, enabled more Americans to buy homes and fed steady demand for business goods and services. Showing no sign of deterioration, the economy is forecast to grow 2.7% in third quarter.

Market Watch adds: “Spending rose 2.8% in the second quarter as Americans bought more groceries and clothes and paid more for health care. They spent less on new cars and trucks, however.”

Other areas of improvement — business equipment investment, U.S. imports and exports. Inflation “slowed to an annual rate of 0.3% in the second quarter from 2.2% in the first.” However, other areas suffered, such as residential investment, and corporate inventories.

 

 

2 thoughts on “TRUMP ECONOMY JUMPS 2.6% IN 2ND QUARTER

    Brittius said:
    July 29, 2017 at 8:02 am

    Reblogged this on Brittius.

    Like

    hocuspocus13 said:
    July 29, 2017 at 1:17 pm

    Reblogged this on hocuspocus13 and commented:
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