{"id":62198,"date":"2025-12-26T16:48:33","date_gmt":"2025-12-26T21:48:33","guid":{"rendered":"https:\/\/www.rightwinggranny.com\/?p=62198"},"modified":"2025-12-26T16:48:33","modified_gmt":"2025-12-26T21:48:33","slug":"the-trump-economy-7","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=62198","title":{"rendered":"The Trump Economy"},"content":{"rendered":"

On Tuesday, CNBC<\/a> posted an article reporting that the U.S. economy grew by 4.3% in third quarter, much more than expected (the mainstream media always has low expectations during a Republican administration).<\/p>\n

The article reports:<\/p>\n

The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed.<\/strong><\/p>\n

U.S. gross domestic product, a sum of all goods and services produced in the sprawling U.S. economy, expanded by 4.3% in the July-September period, the Commerce Department said in its initial reading of third-quarter growth. Economists polled by Dow Jones expect a gain of 3.2%.<\/strong><\/p>\n

Consumer spending expanded by 3.5% in the third quarter after rising 2.5% in the second quarter.<\/strong><\/p>\n

Increases in exports and government spending also boosted growth, while a smaller dip in private fixed investment helped as well.<\/strong><\/p>\n

The report originally had been scheduled for release on Oct. 30 but was delayed by the government shutdown. This release also replaces a second estimate that was set to drop on Nov. 26. The department\u2019s Bureau of Economic Analysis will release one final estimate later.<\/strong><\/p>\n

A measure of growth called real final sales to private domestic purchasers rose 3% in the quarter, up 0.1 percentage point from the prior period. Federal Reserve policymakers watch the data point closely for signs of consumer demand.<\/strong><\/p>\n

When gas at the pump is $1 less a gallon or more, people have more spending money and don’t feel the pressure of inflation quite as much. If you put 15 gallons of gas in your car every week, you have saved $60 a month without doing anything. The lower price also encourages people to travel and spend a little more freely than they otherwise might. Unfortunately, the price of diesel fuel has remained high.<\/p>\n","protected":false},"excerpt":{"rendered":"

On Tuesday, CNBC posted an article reporting that the U.S. economy grew by 4.3% in third quarter, much more than expected (the mainstream media always has low expectations during a Republican administration). The article reports: The U.S. economy grew at … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1766,684,7069,8315,18923],"class_list":["post-62198","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-bureau-of-economic-analysis","tag-cnbc","tag-federal-reserve","tag-gasoline-prices","tag-u-s-gross-domestic-product"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/62198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62198"}],"version-history":[{"count":2,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/62198\/revisions"}],"predecessor-version":[{"id":62200,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/62198\/revisions\/62200"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}