US economy grew at strong 3.2% rate in first quarter

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BREAKING: The U.S. economy grew at a solid 3.2% annual rate in the first three months of the year, a far better outcome than expected.

FILE - In this Dec. 31, 2018, photo a Washington state ferry sails on a foggy day near cranes at the Port of Seattle. On Friday, April 26, 2019, the Commerce Department issues the first estimate of how the U.S. economy performed in the January-March quarter.

WASHINGTON — The U.S. economy grew at a solid 3.2% annual rate in the first three months of the year, a far better outcome than expected, overcoming a host of headwinds including global weakness, rising trade tensions and a partial government shutdown. The advance in the gross domestic product, the broadest measure of economic health, marks an acceleration from a 2.2% gain in the previous October-December period. However, about half the gain reflected two factors not expected to last — a big jump stockpiling by businesses and a sharp contraction in the trade deficit.

Still, the GDP gain surpassed the 3% bar set by President Donald Trump as evidence his economic program is working. Trump is counting on a strong economy as he campaigns for re-election.

 

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How are you guys going to turn this into something bad for the nation as a whole and specifically the middle class?

Thanks to President Trump!

Are you positive those are the real numbers?

YUGE!!!

Weird, not a damn peep when it was 2.2 last quarter..

ShannonHegy It don't help the poor children of elderly when he cuts ss good stamps Medicare lot of elderly will end up to die when they have to choose food of medication !!!!

Thank you President Trump!

Thanks Obama

Corporate tax cuts works every time .

Thank you President Trump! 👏

Thank you President Trump!!

Now that’s news worthy.

There is no downside to this! I love the USA! Anyone that wants a job can have a job!

It is a great feeling to see the Washington Associated Press report REAL news. Let's hope this is the beginning of a trend, returning to real journalism ans finally stopping all the FAKE news.

Your article says that 2018 growth was 2.9%. This is a lie. It was 3.0%.

Ouch! Last thing Dems wanted to hear . . .

Every American is enjoying their collective 3.2% raise! (Sorry, I meant every American CEO.)

Can an Obama supporter explain to me how this is possible?

Nice now how much did wages go up?

BuT tHe ShUtDoWn WiLl SlOw ThE eCoNoMy

Street pamphleteer turned America-corrupter Obama said 1% is the new normal, right?

Sorry for the good news AP

Well that’s good

Go figure.

So laughable to see all the libs whining about deficits when they had no issue with Bam doubling it

Magicwand

Wow! finally a truthful news report about how good Trumps economy is.

America spends and spends and spends and interest rates stay low and soon it will crash again because no one has learned but yay for rises and less stability

MAGA Been winning!!

I once guy a C in math, mom was happy because it was higher than expected, but still subpar.

Umm, no some of us deplorables expected it. Only the trump haters did not or should I say hoped not...

Yahoo! Thank you President Trump!!!!

Thats what happens when you have a corrupt executive purchasing growth at the expense of ballooning deficits. & now with the FED capitulating to pressure of the corrupt White House & keeping interest rates flat, growth will continue to accelerate careening into runaway inflation

Where at? Cause here we have seen our business dropped like 10% percent since the beginning of the year. And I’ve heard the same from the businesses around my area.

It doesn’t matter how much the economy grows, sooner or later our insurmountable debt will come calling

I hope we hear from the TheDemocrats Presidential hopefulls on how to improve the US economy. SenKamalaHarris SenSanders JoeBiden BetoORourke SenWarren SenAmyKlobuchar PeteButtigieg SenBooker AndrewYang RepSwalwell JulianCastro SenGillibrand WalkAway POTUS

Wages are low and gas is high. Whose getting the money ?

Can only imagine the hand wringing saga that happened before you decided to publish this.

That horrible we must impeach our incompetent president!!!

This won’t last forever but we should all be happy while it’s happening. Even the bitter liberals should praise this

MPRnews Rich get richer

Trump is getting it done.

Of course you can great up the economy. Just print a couple of trillion dollars in debt spending...

Sweet, median wages should be going up then, oh wait never mind lol

This cant b true. I was told 1% was the new norm...

Can't complain

All the millionaires and billionaires are enjoying the new tax code.

Watching Democrats squirm is the funniest thing I’ve ever seen! 😂 their heads are about to explode!!!

Who would of thought a strong global economy was important? Hmm, Obama, Biden?

Good lord this president is SO evil!! tds

I love BarackObama

cnnbrk ...Is this Obama still at work or what?....Gooddam.....O B A M A.......

Shows in my paycheck and IRA

Promises made promises kept

who is in charge of coming up the number

It will be adjusted.

But how are everyday americans doing? The wealthy are fine....

Thanks Bush!

TRUMP WINNING

What a great president, he is making his predecessor look like an incompetent fool!!!

Yea let’s let Biden in who had the worst economic record of all time. Real smart.

realDonaldTrump 👍👍👍

Thank you President Trump! MAGA KAG TRUMP2020

How fast is the debt

winning

Thank you realDonaldTrump

MPRnews Thanks president Obama

Lol Sorry Haters. President Trump is Winning and nobody tired of it yet.....

Thanks Joe

MAGA KAG Trump2020 TrumpNation

I'm grateful for President Trump's policies and actions that have supported this growth.

How much has the debt increased in the same period?

...economy, growing in strength amidst 'global weakness' is also about a performing leadership making a difference.

Gotta love twitter home of the delusional rich white millennials who think they can make up truths because they went and drank beer at a college for 4 years. Lames.

Hmmmm what would that number be had socialist Clinton win? (He asked knowingly)

Trump economy surges to 3.2%. Democrats 2020 platform: Terrorists should vote Cows should die Abolish Electoral College Free everything Raise taxes on everyone Socialism is the answer Illegals over Veterans Refugees over Citizens Infanticide.

Gee what a surprise. Trump may be over the top but he’s still the better choice for our country. He talks about Usa. They talk about him.

Papa Trump at work

It’s a pity that wages aren’t keeping pace.

Wow, facts and figures are tough for some folks to swallow. This isn't because of Pres Obama. Get a grip.

So nice to see the Trump re-election ads.

Thank you to the Trump Administration!

That is awesome, but I'm sure there will be a rubber band effect next quarter!

Huge Deficit Growth + Huge GDP Numbers = Pseudo Growth.... Recession is coming!

TheTrumpFactor 👍👌

The article says “However, about half the gain reflected two factors not expected to last” - they keep saying this yet realDonaldTrump proves them wrong again and again. Bloomberg was predicting zero growth. Blowout number!

How much did the deficit grow within the same period? Provide a complete context to educate people, MEDIA.

Unbelievable how some have the capacity to twist this great news into something negative... 🤔

Okay, now do the trade deficit and the budget deficit .

Thanks Trump!

Oh oh bad knees for the Dems. J.Williams goes crazy today on Live At Five.

Trump lies about everything. Why wouldn’t his administration lie about the economic numbers?

Thanks to Obama's administration!

Debt financed growth will bring a reckoning. Trump will crow, but corporations will pay one day. None of this is worth converting our constitutional republic to an empire. Trump must go to save the Constitution.

Great job President Trump! 🇺🇸🇺🇸🇺🇸

But let’s try it with a Democrat instead 😂

China does very well with their economy too but I wouldn't want to live like a Chinaman.

dang90 So GDP vs Deficit is....? Yeah that’s what I thought. 1980’s all over again. Sugar high then crash

What’s the average American debt?

Bunch of angry leftists in here.

The economy is growing but paychecks aren’t 💰 ShowUsTheMoney

'U.S. economy grew at 3.2 percent annual rate.' It won't last... $22 Trillion national debt and growing monthly $1.3 Billion.

This will be adjusted downward in 3... 2... 1....

WINNING Let’s keep this economy humming! Vote Trump in 2020. TRUMP2020

Thanks Obama! Ha Ha Ha!

THANKS OBAMA

Uh, you can't call it an annual rate if you only have 3 out of the 12 months, are you dumbing things down for Trump's benefit or what?

Come on America, give the man 4 more years and let's see how great America will be.

While corporate profits are at 80-plus year highs, and the S&P 500 has broken previous records nearly 30 times in the last five years alone, real wages for the lowest-income workers have barely risen in four decades. And today, nearly half of all workers make less than $15 per hr

How was at the federal deficit during that same period? CreditCardGrowth

Democrats will hate this

Deficit grew as well.

Obama hell, thank you realDonaldTrump!

watch realDonaldTrump take credit for that too 🙄🤣🤣

I know we need socialism, and a democrat president 🤦🏻‍♂️

Excellent; the question will be can President Trump hit 3% growth in 8 different quarters, as occurred under President Obama.

Easily done when you add a trillion dollars to the deficit.

Trump economy current status:

Wow hoo realDonaldTrump you're still a crook.

ThanksObama

Winning!!!

Surprising but a testament to realDonaldTrump and his work with new policies.

THANKS OBAMA!

⚠️This GDP number is impossible. It has never jumped 1.2% like this. It has been cooked by BLS on behalf of the Trump Administration. This is an extremely ominous sign for the markets, and the country.

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