America’s economy grew much faster than previously thought in the third quarter, a sign that the Federal Reserve’s battle to cool the economy to fight inflation t is having only limited impact. The Commerce Department’s final reading Thursday morning showed gross domestic product, the broadest measure of the US economy, grew at an annual pace of 3.2% between July and September. That was above the 2.9% estimate from a month ago.
And consumer confidence improved in December according to a survey by the Conference Board, reaching the highest level since April. In addition, employers have continued to hire at a historically strong pace, although layoffs have increased in some industries, especially technology. A separate Labor Department report Thursday showed that unemployment claims remained relatively unchanged.
Rarely seen such a strange comment. You should recruit economists at CNN
How about telling the public the truth that the US is broke. Sleepy Joe's policies including the endless sanctions has backfired
Yes, but were Term Limits for everyone in our Congress put in place?
America is not doing well. This is a bleeding country. Southern border is wide open. Extremist Democrats are destroying people's rights and livelihoods Inflation is forcing many into poverty while the Globalist oligarchs and media are enriching themselves.
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Dang. I was scrolling so fast that I almost thought I saw the word 'Hunter' on this tweet. Nope. I forgot doesn't cover important news HunterBidensLaptop KariLake
It grew faster than thought because the predictions were so bad. The bar was set at ground level and even then it just barely cleared it.
False
Lies… the average American can see with their own eyes, credit card statements and bank accounts that this is a false narrative. By any measure the economy is headed down the toilet.
Zelensky is a Tyrant Dictator oppressing christians putting pastors in prison closing down Church’s and pple praying ya when some tyrant tells you when & where you are allowed to pray thats not a democracy thats Tyranny & he kills Ukrainians & blames Russia for it
This is all smoke and mirrors. You’re basically outright lying to the American people.
URGENT! The situation of Izeh city in Khuzestan province of Iran is critical. IRGC forces have surrounded the city and they've attacked people's houses, stolen people's property and kidnapped innocent citizens. Every night the sound of shooting is heard in the city., MahsaAmini
I don’t understand this. So many companies announcing layoffs, poor economic outlooks.
Do they teach how to understand all this stuff nowadays because they never mentioned anything about it when I was going in the 70s-80s
Crazy idea, how about the fed just let’s the economy do it’s thingWhen prices get to high, people will stop buying that item..beauty of a free economy. Fed has zero clue what they are doing.Their game plan is: let’s put 20% of the country out of a job to fix inflation
“OVER STIMULATED” economy is a direct result of the FLOODGATES being left fully OPEN in order to control the course of INFLATION - Bad calculations made by insufficient and amateurish countermeasures - MUST stop it by reversing the strategies that are in play !!
Shows you who the Illuminati are- the ones who control the economy and try to keep the rich, rich and the poor, poorer...
Not for the at home people…
We don't want the economy to grow so we? We need 20% interest rates to fuel the rich and kill the poor/ middle class. Back to the early 80's we go....
I don't know how the food courts are at your shopping malls, but here in Toronto they are always full of families having lunch/dinner. I guess they're okay with food prices going up.
URGENT! The situation of Izeh city in Khuzestan province of Iran is critical. IRGC forces have surrounded the city and they've attacked people's houses, stolen people's property and kidnapped innocent citizens. Every night the sound of shooting is heard in the city. MahsaAmini
URGENT! The situation of Izeh city in Khuzestan province of Iran is critical. IRGC forces have surrounded the city and they've attacked people's houses, stolen people's property and kidnapped innocent citizens. Every night the sound of shooting is heard in the city. MahsaAmini
The terrorist IR Regime is committing another crime in Iran. Internet has been completely cut off in Izeh, Khuzestan province for the past two days and IRGC has completely surrounded the city. Izeh has become a war zone. Many citizens have been killed and kidnapped. MahsaAmini
Over the past two days, the city of Izeh in Khuzestan ,Iran, has been under military attack by the IRGC forces. More than 350 civilians were arrested and the number of killed and injured is increasing. The regime has cut off the internet and civilians are in danger. MahsaAmini
No they are affecting precisely who they want...the people. Not banks or corps or the elites just regular people.
Maybe instead of elevating taxes that impact the lower and middle class at a disproportionate rate…….you elevate taxes against the highest income earners and corporations……
Bullshit, the economy is deteriorating and shelves don't look like that in stores that pic was a setup
Good economic news is always bad for the market :(
The repressive forces of the Islamic Republic have attacked people's houses in some villages of Izeh, including Barungerd and Payan, with bullets, RPGs, grenades, etc., they can kill and arrest a large number of people. Izeh Internet and its functions have been completely cut off
According to the news; IRGC forces have deployed a large number of military forces around Izeh and completely surrounded the city. All entrances & exits of the city have been blocked & the Internet has been completely shutdown. The innocent citizens are in DANGER!! MahsaAmini
This is such a strange headline.
cnn is a great news source.When they say someth8ng,opposite is what they really mean,that there is no growth in the economy and people never had as bad as it is today thanks for the globalist subhuman,biden pedo
Over the past two days,the city of Izeh in Khuzestan,Iran has been under military attack by the IRGC forces More than 350 were arrested and the number of killed and injured is increasing The regime cut off the internet,and civilians are in danger MahsaaAmini IranRevolution2022
Maybe because inflation is caused more by economic concentration/rent seeking and still supply issues that are not due to demand imbalances only
Gas prices are down, record job creation, and our economy is BOOMING! ThankYouBrandon
Yea, right.
Why do you want the economy to cool down? People will spend money and the economy keeps moving. If prices keep rising and interest rates keep rising people will stop spending and companies will continue layoffs. Meaning we the ppl will have no jobs and no money to spend.
The terrorist IR Regime is committing another crime in Iran. Internet has been completely cut off in Izeh, Khuzestan province for the past two days and IRGC has completely surrounded the city. Izeh has become a war zone. Many citizens have been killed and kidnapped. MahsaAmini
Bullish
Mayonnaise went up by $1.50😳
Wait for the revised numbers
*The fed is losing their battle against corporate greed.
Please cancel the visas of the children and families of the Islamic terrorist regime of Iran, and expel them from your country. مهسا_امینی opIran
THANK GOD TRUMP IS GONE...
The United States needs legal immigrants. We need to increase the number of legal immigrants to do farm jobs, factory jobs, hospitality jobs and high skilled tech and medical jobs. US is short 1 Million workers.
Politicians keep spending, 1.7 trillion dollars will only keep inflation high. Politicians know how to keep & unstable economy.
Man, I just want to buy eggs without having to get a loan.
so inflacion and recesion are good?
Well we’re about to throw more pork fat onto an already out of control grease fire. The Fed can’t fix stupid.
Why do they want to cool the economy?
Yea we know what the Federal Reserve did with JFK. They are no heroes
They're being 2 timid just like always. No one wants to make a decision and then be held responsible so they kick the can down the road again just like after 2008. At some point the markets will correct to show true worth and the more we put it off the worse the reckoning will be
Well, if the invisible hand isn't slapped down by regulations the situation will always balance itself out.
The wish casting for a recession right now is unbelievable
Happy Day
Interest rates need to go to 12% immediately
It's glutting out.
That’s bad right?
Maybe they can just like stop so I can get a car
Good grief what a lie.
I’m just glad gas prices is dropping
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