Wednesday, December 24, 2025

US third quarter growth stumps analysts

 The US economy grew at 4.3 per cent in the third quarter on top of the 3.8 per cent growth in the second quarter.

And no, it's not fuelled entirely by AI investment. Consumer spending and exports contributed significantly to the surge. Nevertheless, the index of consumer confidence tracked by the Conference Board is at its lowest since President Trump announced his Liberation Day tariffs! 

Let the pundits figure out whether the gdp growth data is misleading or whether the consumer confidence index is flawed. President Trump is entitled to his moment of exulting:

The TARIFFS are responsible for the GREAT USA Economic Numbers JUST ANNOUNCED…AND THEY WILL ONLY GET BETTER!



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