Economy “Unexpectedly” Grew at 3.2% Clip in First Quarter Boosted by SHRINKING TRADE GAP

The US economy surged “unexpectedly” in the first quarter of 2019 to 3.2% growth.

Economists predicted a 2.5% growth.

https://twitter.com/JackPosobiec/status/1121763617697861638

This won’t make many headlines…

The US economy was boosted by a SHRINKING trade gap.

Via the Wall Street Journal.

A fac­tor that boosted growth was a shrink­ing trade gap. The pace of American ex­ports con­tin­ued to rise in the first quar­ter, while the rate of im­ports fell, as Amer­i­cans cut back on purchases of for­eign goods.”

Evidently, President Trump is winning the trade war.

Texas exports rise 3 times faster than the U.S. increase, keeping Texas #1 in America for exports. In fact, Texas represented nearly 20% of all U.S. exports in the January-February period. #txlege https://t.co/NXkx6I1aAp

— Greg Abbott (@GregAbbott_TX) April 25, 2019