Durable Goods Orders Tumbled in September
Very little good news in the report for durable goods orders in September, although phone and machinery orders rose.

Very little good news in the report for durable goods orders in September, although phone and machinery orders rose.

Pessimism about growth in the second quarter may have contributed to spreading fear about a looming recession.

A huge batch of economic data sent economists scrambling to raise their forecasts for U.S. growth.

The economy grew at a faster than expected pace in April through June.

Sarah Lee writes at Townhall that Democrats may obstruct passage of the deal to replace NAFTA despite its superiority in terms of U.S. jobs, GDP, environmental standards, and labor protections–all of which they purport to value.

Democrat 2020 candidate Andrew Yang claimed during Thursday’s debate that universal basic income, paid for by tax similar to Europe, would create “millions of jobs.”

At the core of Trump’s dispute with the Fed is the growth potential of the U.S. economy. Trump wants 4%, the Fed wants 1.8%.

The Iranian government published a report on Sunday showing the national Gross Domestic Product (GDP) contracted by 4.9 percent over the fiscal year ending March 21. The announcement revealed Iran’s economy contracted much more sharply than anticipated after U.S. sanctions were reimposed by President Donald Trump.

Economists expected growth of 3.0% in the first three months of 2019, a downward revision from 3.2% initially reported.

President Donald Trump defended his decision to level tariffs on China, warning them on Monday to come back to the negotiating table.

Former Trump 2016 campaign communications adviser Jason Miller spoke to Breitbart News Daily SiriusXM radio listeners over the weekend about 2020 presidential candidate Joe Biden’s weak campaign rollout.

President Donald Trump praised the U.S. 3.2 GDP increase released Friday for the first quarter of 2019 as much higher than expectations.
The U.S. economy grew at a 3.2% annual rate in the first three months of 2019 — beating Wall Street’s expectations of 2.5% growth — according to the Bureau of Economic Analysis.

GDP slipped to a 2.2 percent annual growth rate from a previously reported 2.6 percent in the fourth quarter.

An article posted on CNBC Thursday morning, then linked on the Drudge Report, employed a false economic growth number to criticize the Trump administration by comparing it to Obama’s administration.

The economic expansion kept up a brisker pace in the final three months of 2018 than economists had expected.

As the stock market slumped and the government headed into a shutdown, American consumers pulled back on spending in December.

Third quarter U.S. gross domestic product (GDP) was slightly revised to 3.4 on Friday, the third estimate nearly unchanged from the 3.5 percent second estimate.

For the first time since the 2013 government shutdown, economic pessimists outnumber optimists.

The economic strength of the third quarter was confirmed by the government’s second estimate of growth.

Eurozone growth remains slow, and has performed worse than expected in the latest figures released Friday which saw the Euro currency stumble as slowing German exports were shown to be behind the European powerhouse’s first GDP contraction since 2015.

The UK has topped the list of the European Union’s ‘Big Four’ economies in third-quarter Gross Domestic Product (GDP) growth, while Germany’s economy shrunk in Q3.

The Republican National Committee announced six ways President Donald Trump has defeated the Democrat mobs with jobs for the American people.

The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade.

Hurricane Florence likely depressed sales in bars and restaurants while boosting auto sales.

The U.S. economy expanded at an annualized pace of 4.2 percent in the second quarter, the Commerce Department said Thursday.

Elaine Parker writes in Real Clear Policy about the policy avenues being pursued in the expanding economy to assure small businesses have competitive access to qualified, skilled workers to fill their growing needs.

President Donald Trump mocked an old quote from former President Barack Obama on Monday, joking that he must have found a “magic wand” for economic growth.

WASHINGTON (AP) — The U.S. economy grew at a strong 4.2 percent annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its strongest full-year gain in more than a decade. Strength in business investment offset slightly slower consumer spending.
The UK’s economy bounced back in the second quarter of the year, doubling from 0.2 percent to 0.4 percent growth, boosted by the good weather as salaries continue to rise with fewer EU migrants depressing wages.

They said it couldn’t be done. They mocked Trump for even trying. Now economists agree that we’re in a 3 percent growth economy.

For decades, the big business lobby, ideologically globalist politicians, and economists have claimed that the only route to increasing the United States’ Gross Domestic Product (GDP) is through increasing legal immigration levels.

The data underlying the 4.1% second quarter GDP growth suggest the economy may be even stronger than it looks.

President Donald Trump celebrated the Q2 4.1 percent GDP news on the South Lawn of the White House on Friday, adding that trade deals coming in will push future GDP numbers higher.
U.S. GDP rocketed up to 4.1 percent in Q2, a rise far outpacing the Q1 2.2 percent. The rise is the fastest since 2014, according to reports.

A bigger pullback in consumer spending brought first-quarter economic growth down to just 2 percent. The good news? The economy appears to have accelerated by a lot in recent months.

The Finance Ministry of Slovakia reported this week that the nation’s economic growth will swell to nearly five percent next year as a result of increased automotive output, in one of Europe’s greatest economic success stories.

The American economy is accelerating while economies from Europe and Asia slow, casting doubt on claims that recent strength was due to “global” factors or that Trump trade policies would hurt the U.S.

The Atlanta Fed’s GDPNow forecasting model moved up on Thursday to indicate the economy growing at a 4.8 percent pace in the second quarter.

The GDPNow forecast has been climbing higher following the releases of good economic data. On May 25, the measure foresaw four percent GDP growth. This rose to 4.7 percent Thursday and ticked even higher on Friday following the better than expected jobs report for May.
