Posted on 04/30/2026 9:41:10 AM PDT by ChessExpert
U.S. Gross Domestic Product (GDP) jumped in the first quarter of 2026, compared to the previous quarter’s growth, the Commerce Department reported Thursday – a sign that the nation’s economy remains solid.
Real (inflation-adjusted) GDP increased at an annual rate of 2.0% in the first quarter after rising just 0.5% in the last three months of 2025, according to the report providing an advanced estimate of GDP. A second, updated estimate will be published May 28, to eventually be followed by the third (and final) estimate.
"The core of the economy remained solid in Q1, driven by the AI buildout and the tax cuts beginning to feed through," Michael Pearce, chief U.S. economist with Oxford Economics, said in a note to investors reported by CBS News:
(Excerpt) Read more at newsbusters.org ...
I see “Help Wanted” and “Hiring” signs everywhere. Companies cannot find good, hard-working people.
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It won’t get any better for companies over the next 20 years, because the labor supply is going to tighten substantially during that time period.(The globe is getting old.)
The markets are currently saturated with redundant businesses, providing the same services, selling the same goods, & many thinking there is an unlimited labor supply like in the boomer era. “There Isn’t.”
Many will fail in the new reality, but smart producers won’t fail and will provide the economic growth that future generations need.
Inflation isn’t as much as a price gouging is in face it’s at it’s lowest then it’s been in years.
I dont know if it is 100% but it is WAY more than 3% per year.
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