- Right-wing media claimed a downward jobs revision indicated recession. A new GDP revision shows the economy actually grew more than expected. (mediamatters.org)
Real GDP was just revised upwards.
— Bobby Kogan (@BBKogan) August 29, 2024
Economic growth has outpaced *pre*-COVID projections. In other words, the economy is stronger in 2024 than we thought it would be before COVID even happened.
And it's stronger now than we thought it would be when Biden and Harris took office. pic.twitter.com/McORrjTkyk - Moody’s: Trump’s Economic Plan Would Trigger a Recession by 2025 (meidasnews.com)
- Everyone expected a recession. The Fed and White House found a way out. (washingtonpost.com)
- U.S. GDP rose 2.9% in the fourth quarter, more than expected even as recession fears loom (cnbc.com)U.S. Economy Records Solid Growth (nytimes.com)
- Right-wing media claimed a downward jobs revision indicated recession. WRONG! A new GDP revision shows the economy actually grew more than expected. (mediamatters.org)
- Majority of Americans wrongly believe US is in recession – and most blame Biden (theguardian.com)
- Mortgage rates could hit 8%, economists say, citing a worrying sign not seen since the Great Recession (marketwatch.com)
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