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The US economy is thriving. What does that mean for Trump in 2020- - Fox Business
6 years ago
By all means, the U.S. economy Opens a New Window. is booming.
In the first quarter of 2019, the GDP rose at a 3.2 percent annualized rate, shaking off the effects of a five-week-long government shutdown – the longest in U.S. history – that White House officials once warned could result in near-zero growth. The labor market is also humming, with an average monthly creation of 213,000 jobs. Unemployment is at a historic low and, best of all for President Trum Opens a New Window. p, the Federal Reserve seems content to leave interest rates unchanged Opens a New Window. , barring any drastic changes.
The question, however, remains whether Trump will be able to translate a strong economy into a victory at the ballot box come next November
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