Nearly half of U.S. adults believe the national economy is currently in a recession. The evidence to the contrary is overwhelming. (via MaddowBlog)
The U.S. economy finished 2022 in solid shape even as questions persist over whether growth will turn negative in the year ahead. Fourth-quarter gross domestic product, the sum of all goods and services produced for the October-to-December period, rose at a 2.9% annualized pace, the Commerce Department reported Thursday. Economists surveyed by Dow Jones had expected a reading of 2.8%.
For the entirety of 2022 calendar year, the economy grew at a 2.1% pace, which is roughly in line with we saw during much of Donald Trump’s presidency, when the Republican repeatedly told the public that Americans were experiencing the greatest economic conditions in the history of humanity.of a possible recession. We now know the GDP rate bounced back in the latter half of the year., and last year’s growth wasn’t nearly as strong. But all of this was entirely predictable: GDP data in 2021 reflected the bounce back from the Covid-fueled recession in 2020.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
House GOP freshmen boycott White House event over COVID protocolsSeveral House Republicans are declining invitations to attend a White House reception for freshman House members in protest of the event's COVID rules.
Consulte Mais informação »
DeSantis' teachers' bill of rights praised after battle with White House over 'woke' curriculumGov. Ron DeSantis unveiled a teachers' bill of rights proposal in an effort to cease 'woke' ideology and empower teachers to follow the state's curriculum.
Consulte Mais informação »
White House reporter presses Granholm on racial differences in gas prices: 'Big pinch in urban areas'During Monday's White House briefing, correspondent April Ryan asked Energy Secretary Jennifer Granholm about the cost of gasoline in minority communities.
Consulte Mais informação »
White House says Trump and Pompeo failed on Khashoggi accountabilityThe White House responded to former Secretary of State Mike Pompeo’s criticism of slain journalist Jamal Khashoggi by touting President Joe Biden’s efforts to hold Saudi Arabia accountable for the brutal 2018 murder.
Consulte Mais informação »
Biden hosts Democrats at White House as standoff over debt ceiling loomsThe stalemate over the nation’s debt ceiling was a prime example of how the shift in congressional power could shape the rest of Biden’s term
Consulte Mais informação »
Republican hardliners, George Santos shun White House welcome for new CongressEmbattled Republican freshman U.S. Representative George Santos skipped his invitation to a White House reception on Tuesday evening and appears to have been joined by several hardline newcomers in snubbing President Joe Biden.
Consulte Mais informação »