[ChicagoConservative27]

This will be revised in 5,4,3,2,1... I am thinking this is just more government spending...

[ClearCase_guy]

We are now China. All of our economic data is made up.

[EEGator]

Yeah, everything is great.

[dynoman]

Wait to see what it gets revised down to.

[4Liberty]

The GDP formula is
GDP = C + I + G + net Exports

G is Government Spending…. that’s where “growth” is coming from. 😟

But it’s financed by debt, so real growth is NEGATIVE.

[Hattie]

Only thing growing here is my grocery bill and my electric bill and my water bill and and and.

[LS]

Yeah. Gee, don’t yall just feel the economic growth?

[Nathan _in_Arkansas]

Consumer spending is going up continuously because everything costs more, thus consumers spend more.

[hinckley buzzard]

Government deficit spending and laying on more credit card debt by consumers. Sure signs of a healthy economy right?

[FLT-bird]

Let’s wait for the downward revisions.....

[BitWielder1]

If it grew at all, it's *despite* Joe's policies, not because of it.

[webheart]

3.3 % more government workers!

[Worldtraveler once upon a time]

Waiting for the revision. Happy numbers are almost ALWAYS revised down. After the headlines have made HAPPY TALK.

[MrRelevant]

For sure….. and I think the buy now pay later folks have inflated this nonsense number. This all setting up nicely for a crash landing lol.

[nagant]

When you’re this far down the only direction is up.

[Vaduz]

Bingo they are making Wall Street very happy hedge fund traders are in fat city.

[ridesthemiles]

All those high numbers of Holiday spending are really-—

FEWER ITEMS AT MUCH HIGHER PRICES—TOTAL SPENT HIGHER=BIDEN gets to BRAG.

[Bishop_Malachi]

I’m just curious: Is the AP statistic Nominal GDP or Real GDP? The article doesn’t say.

[elpadre]

a stroll though the grocery store and you would have thought today’s cost of living exceeded last year’s in the double digits.

[RckyRaCoCo]

Sunshine, lollipops and rainbows....

[reed13k]

I think I read this morning that 1/3 of that was governmental growth....so not real economic growth.