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.

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.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

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Thanks for sharing!