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Old 04-30-2017, 11:09 AM  
RedFred
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The economy grew at its slowest rate in 3 years since Trump became President

But his followers believe the economy is now better than its ever been.


The U.S. economy grew at its weakest pace in three years in the first quarter

Consumer Spending Is at Its Slowest Pace Since 2009

The U.S. economy grew at its weakest pace in three years in the first quarter as consumer spending barely increased and businesses invested less on inventories, in a potential setback to President Donald Trump's promise to boost growth.

Gross domestic product increased at a 0.7 percent annual rate also, as the government further cut defense spending, the Commerce Department said on Friday in its advance estimate. That was the weakest performance since the first quarter of 2014.
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