US economy grows at an annual rate of 4.6% pushed by exports and investment

Saturday, September 27th 2014 - 08:47 UTC

Full article 6 comments

The US economy grew at an annual rate of 4.6% between April and June, faster than the previous estimate of 4.2%, according to revised figures from the US Department of Commerce. The revision was due to larger rises in exports and business investment. Read full article

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Captain Poppy
Love it and gas is running an average 3.30 a gallon in my area. It's projected to be 3.00 a gallon at year end and may be in the 2.75 by spring. Even better demand is not dropping......but the supply expanding.
Sep 27th, 2014 - 02:37 pm - Link - Report abuse 0
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yankeeboy
Just wait until we can start exporting O/G. Bye bye trade deficit.
It won't be long now and it will change the world.
Sep 27th, 2014 - 03:28 pm - Link - Report abuse 0
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The Chilean perspective
2 yankeeboy
Hey Yank, I hate to disturb you from your wet dream but the trade deficit problem the U.S. has is pretty big. The last data shows a $40.5 billion trade deficit for the month. You would have to export about 14 million barrels a day to cancel that out, can you do that, I don't think you can. What about the 17 trillion government debt? or the over half a trillion budget deficit? One swallow doesn't make a summer, you have a long way to go and if the Europeans don't turn around their deflationary issues or if China has a credit or bank crisis “you ain't going no wheres pal”.
Sep 27th, 2014 - 11:09 pm - Link - Report abuse 0
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Bisley
The official statistics on this (and nearly everything else) are lies, and not to be taken seriously. The real number is probably closer to half of what is claimed, and since government spending, which is a drag on the economy, rather than real production of anything, is included in the calculation, there is probably no growth.
Sep 28th, 2014 - 02:40 am - Link - Report abuse 0
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Captain Poppy
Yes dammit.....lie's all lies!!!!.....Everyone lies.....except SA, China and Russia........Larry Moe and Curly and we know which is who.

3.29 a gallon today. And a pipeline going through Massachusetts to Dracut.
Sep 28th, 2014 - 02:49 pm - Link - Report abuse 0
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Nostrum of NostrolL
EUians celebrate the thorough, systematic, and complete humiliation of the NorthAmoans:

https://static-secure.guim.co.uk/sys-images/Guardian/Pix/pictures/2014/9/21/1411317599997/Europe-fans-at-the-last-R-014.jpg
Sep 28th, 2014 - 04:17 pm - Link - Report abuse 0
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