div > div.group > p:first-child"> First-quarter GDP expanded by 3.2% in the first quarter, the Bureau of Economic Analysis said. Economists polled by Dow Jones expected the U.S. economy had grown by 2.5% in the first quarter. It was also the first time since 2013 that first-quarter GDP topped 3%.
Friday's data was the first look at how the economy fared during the longest government shutdown in history. The federal government seized operations for 35 days between late December and Jan. 25 amid a standoff between the Trump administration and congressional leaders over funding for a wall along the U.S.-Mexico border.
Investors were closely watching out for the report as they looked for more confirmation that a recession may not be in the cards over the short term. The S&P 500 is up 16.7% this year after the Federal Reserve reversed course in its path to tighter monetary policy, easing fears that a recession may be imminent.Subscribe to CNBC on YouTube.
Morning_Joe How did government spending help to drive this number? and Morning_Joe
MAGA!
Morning_Joe It's a good day for a liberal Democrat socialist Meltdown. TDS served cold
Morning_Joe Trump2020 MSDNC
Yeah.....that's because of BarackObama and JoeBiden. JokeoftheDay Give credit where credit is due.... POTUS promised and he's delivering!!! MAGA KeepAmericaGreat Trump2020 NoSocialism VoteRedToSaveAmerica
Didn't vote for him or Hillary 2016 but he will have it in 2020.
Thank you Mr. President Donald Trump. Obama said 3% growth was not possible
Morning_Joe Given the penchant this administration has for lying, I'm not sure if you can trust these numbers
Morning_Joe Right so Trumps economy is WORKING!
larry_kudlow
Morning_Joe Ignore the TOKEN pictured. This has NOTHING to do with her!
MAGA
Damn you Capitalism and your successes ... Damn you!
Suspect 2nd qtr will show reversal to the trend. Higher oil prices and retail inventories stuck on shelves, along with declining auto sales will be cause. Seriously considering the “Sell inMay....” this year 😩steveliesman JoeSquawk jimcramer
Yet consumer purchases of durable goods dropped by 5%. When gov't props up the numbers by purchasing weapons from the military industrial complex, it's an artificial number. Compare GDP growth to deficit spending and you can see the unsustainaility of this.
Progressives when seeing economic numbers
Morning_Joe Selling our soul for money.
Still not even close to the 4% + that Trump promised with the GOPTaxScam
realDonaldTrump should FIRE all those so called experts with their failed expectations!
Morning_Joe MAGA
Magic Wand
Morning_Joe It’s the economy stupid!
Morning_Joe It's temporary, recession is still coming.
My new Morning_Joe sponsors boycott list Smile Direct Club $640K Jeep $540K Proactiv $379K Otezla $318K Office Depot $288K Cadillac $287K Trivago $269K Sleep Number $263K Humira $261K Omaha Steaks $244K. Garbage show
My new morning joe sponsors boycott list Smile Direct Club $640K Jeep $540K Proactiv $379K Otezla $318K Office Depot $288K Cadillac $287K Trivago $269K Sleep Number $263K Humira $261K Omaha Steaks $244K. Garbage show
WINNING!!
Morning_Joe … In fact it’s the strongest economy in the history of the world! realDonaldTrump POTUS MAGA 2020🇺🇸
Morning_Joe The economy under President Trump is the best it’s ever been in the history of America!
Morning_Joe To bad you two weaseling show hosts can’t give credit where due!!!!! PS… Why did you move to Florida?
Morning_Joe You gotta love realDonaldTrump
RJC Abracadabra motherfuker.
What happened to Blobama new normal of 2%?
Morning_Joe BS! Do u believe what comes out of this Labor Department and Acosta? Readjustment will be lower, watch!
And we haven’t even had infrastructure week yet
Thank you realDonaldTrump Thank you for putting Americans first and foremost. Your hard word and dedication to this country is not going unnoticed. MAGA
Morning_Joe Joke is that great news? Do you ever have anything positive to say about this administration? Hater!
Morning_Joe Just an incredible number. The President is getting it done. 😊
Hmmm will dnc candidates comment nahhh
Morning_Joe Just imagine if we had a POTUS who wasn’t actively sabotaging our best interests. Also, thank you Obama for giving your successor an idiot proof economy.
Morning_Joe Wow the bots are all over this number!
America great again
Morning_Joe Goosed for the polls by realDonaldTrump manipulation.
Suck me AOC
Winning
I want to see the Dem Presidential candidates try and spin these numbers in a negative way. What a great economy!
Thank you President Trump
Incredible number! Great news for all Americans!
MAGA
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