The U.S. economy grew by 33.1%. Inevitably, the media will put a negative slant on it because they are hate Trump and his supporters 24/7.
The Department of Commerce announced Thursday that U.S. economic output in the third quarter grew by 33.1 percent, the largest expansion on record, after falling by 31.4 percent in the second quarter, the largest shrinkage on record.
In a release detailing the agency’s “advance” estimate for the third-quarter gross domestic product (GDP), the Commerce Department noted, as is standard practice, that the number is subject to a follow-up revision, to be published on Nov. 25.
The Commerce Department said the record rebound reflects the reopening of the economy and resumption of business activity following lockdowns spurred by the outbreak of the CCP (Chinese Communist Party) virus.
“The increase in third-quarter GDP reflected continued efforts to reopen businesses and resume activities that were postponed or restricted due to COVID-19,” the agency stated.
Tim Murtaugh, communications director for the campaign to re-elect President Donald Trump, said in a statement that the record economic rebound is a “validation of President Trump’s policies which create jobs and opportunities for Americans in every corner of the country.”
Can you imagine how great things would be if the leftists in blue cities and states would open up?
Joe Biden will reverse all that with huge increases in taxes and spending. He will destroy us. He wants to lock everything down once again.
— Kellyanne Conway (@KellyannePolls) October 29, 2020