The United States of America and her economy has seen monumental gains under the Trump Administration, and new reports of growth only further confirm those victories as endless.
According to the Department of Commerce, the United States has seen a third-quarter Gross Domestic Product increase up to a whopping 3.3% this year, thanks in part to high expectations from President Trump and his efforts to ensure that America's economy doesn't just stabilize but shatter glass ceilings.
This is in-spite of some of the worst natural disasters to strike key areas of America during hurricane season, and in the face of such adversity we've continued to win thanks to our President.
Stronger business spending and investments have only further pushed this growth, a sure-fire sign that President Trump's endless efforts to work with American industry in a <i>”you scratchy back and I'll scratch yours”</i> fashion has continued to pay off big league.
Federal Reserve Chair Janet Yellen said Wednesday, just before the GDP report, that the expansion is “increasingly broad based across sectors as well as across much of the global economy.”
President Trump and Congressional Republicans are pushing hard right with their tax-cut plan, with the aim of lifting GDP gains to 3 percent annually to only further ensure winning for America.
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Departing <a href="https://twitter.com/JBA_NAFW?ref_src=twsrc%5Etfw">@JBA_NAFW</a> for St. Charles, Missouri to help push our plan for HISTORIC TAX CUTS across the finish line.<br><br>A successful vote in the Senate this week will bring us one giant step closer to delivering an incredible victory for the American people!<a href="https://t.co/jR1DEUnm2h">https://t.co/jR1DEUnm2h</a> <a href="https://t.co/XF9sRwdV8u">pic.twitter.com/XF9sRwdV8u</a></p>— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/935940131311190021?ref_src=twsrc%5Etfw">November 29, 2017</a></blockquote>
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Consumer spending, which accounts for about 70 percent of the United States of America’s economy, continues to be the main driver of this growth.
The biggest improvement came in business investment, which made a 1.2 percentage-point contribution to our growth, up from 0.98 point in the initial estimate a month ago.
In addition to greater spending on transportation equipment, the data also reflected more software spending as well.
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Economy growing! Excluding hurricane effects, CEA estimates that real GDP growth would have been 3.9% in Q3.<br><br>Stock market at a new high, unemployment at a low. We are winning and TAX CUTS will shift our economy into high gear! <a href="https://t.co/HrKIF72VqE">pic.twitter.com/HrKIF72VqE</a></p>— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/935883355547160577?ref_src=twsrc%5Etfw">November 29, 2017</a></blockquote>
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The U.S. economy’s growth rate last quarter was revised upward to the fastest in three years on stronger investment from businesses and government agencies than previously estimated,<a href="https://www.bea.gov/newsreleases/national/gdp/2017/gdp3q17_2nd.htm"> Commerce Department Data </a>showed on Wednesday.
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Is it that hard to hire one native English speaker to edit this? There has to be one of them somewhere in Moscow.