While the media focuses on everything the American people have no interest in, the news that the third quarter projection for the GDP came out and it’s a doozy! GDP projected growth for the third quarter is a booming 4.6%! Wow!
The media might be trying their best to destroy our president but the American people see through it and see what great job President Trump is doing. His past is of no concern to most people, we hired him to do a job and he’s knocking it out of the park!
The Atlanta Fed released their projection for Third Quarter GDP:
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2018 is 4.6 percent on August 24, up from 4.3 percent on August 16. After yesterday’s releases on new-home sales and costs from the U.S. Census Bureau, the nowcast of third-quarter real residential investment growth increased from -4.5 percent to -1.1 percent. After this morning’s advance durable manufacturing report from the Census Bureau, the nowcast of third-quarter real nonresidential equipment investment growth increased from 6.4 percent to 7.5 percent and the nowcast of the contribution of inventory investment to third-quarter real GDP growth increased from 1.92 percentage points to 2.03 percentage points.
They also released chart depicting the growth:
TAKE THAT LEFTY MEDIA!
ON JULY 27TH OF THIS YEAR WE REPORTED A GAIN IN GDP:
Wow! The number is out and it’s a whopping 4.1% GDP! The Trump economy is roaring because of tax cuts and deregulation. The president’s economic policies are working! TRUMP2020!
— Boston🇺🇸Bobblehead (@DBloom451) July 27, 2018
Bloomberg News gave a slanted report claiming this would let President Trump claim a win for his policies…did they just say, “letting him claim a win”? They go on to say that “analysts” see this as a temporary gain…Bah Humbug!
Consumer spending propelled U.S. economic growth to a 4.1 percent pace in the second quarter, the fastest since 2014, letting President Donald Trump claim a win for his policies even though most analysts see the high as temporary.
FOX NEWS REPORTS:
— Brian Kilmeade (@kilmeade) July 27, 2018
BLOOMBERG NEWS GAVE DETAILS ON THE REPORT BUT LOOK FOR NEGATIVE SPIN FROM JUST ABOUT EVERY NEWS SOURCE AROUND…
AND THE SPIN HAS BEGUN FROM THE LEFT WITH FAKE NEWS:
Even though President Trump told the press yesterday: “If it has a 4 in front of it, we’re happy,” while 3.7 percent or above would be OK,” the left is reporting that the 4.1 misses the mark.