{"id":5539,"date":"2020-10-29T00:00:00","date_gmt":"2020-10-29T00:00:00","guid":{"rendered":"http:\/\/www.conservativenewsdaily.net\/breaking-news\/its-official-trump-crushes-record-for-largest-gdp-increase-in-us-history-3rd-quarter-gdp-up-33-1\/"},"modified":"2020-11-02T15:29:20","modified_gmt":"2020-11-02T15:29:20","slug":"its-official-trump-crushes-record-for-largest-gdp-increase-in-us-history-3rd-quarter-gdp-up-33-1","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/its-official-trump-crushes-record-for-largest-gdp-increase-in-us-history-3rd-quarter-gdp-up-33-1\/","title":{"rendered":"IT&#8217;S OFFICIAL: Trump Crushes Record for Largest GDP Increase in US History &#8212; 3rd Quarter GDP Up 33.1%"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">36<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fits-official-trump-crushes-record-for-largest-gdp-increase-in-us-history-3rd-quarter-gdp-up-33-1%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=5539&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/static.thegatewaypundit.com\/wp-content\/uploads\/.\/trumpthumbsup1-600x417.png\" alt=\"\" width=\"600\" height=\"417\" \/><\/p>\n<h3><strong>The US Bureau of Economic Analysis (BEA) released its initial estimates for GDP growth in the 3rd Quarter and the result crushed all previous records!<\/strong><\/h3>\n<h3><strong>The BEA estimates that the 3rd Quarter of 2020 recorded the largest quarterly GDP increase in US history.\u00a0 Today\u2019s estimates show the US GDP increased by 33.1% for the quarter.<\/strong><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.thegatewaypundit.com\/wp-content\/uploads\/33-percent-growth-gdp.jpg\" alt=\"\" width=\"507\" height=\"302\" \/><\/p>\n<p><strong>The BEA released its initial estimates for GDP in the 3rd Quarter 2020 and it\u2019s now official \u2013 the US had its greatest increase in GDP in history.\u00a0<\/strong><\/p>\n<p><strong>TRENDING:<\/strong><a href=\"https:\/\/www.thegatewaypundit.com\/2020\/10\/breaking-exclusive-hunter-biden-pictures-half-naked-exposed-certain-minor-joe-biden-lying\">BREAKING EXCLUSIVE: Hunter Biden Pictures of Himself Disrobed and Exposed With Certain Minor &#8212; Joe Biden Is Lying<\/a><\/p>\n<p>The <a href=\"https:\/\/www.bea.gov\/news\/2020\/gross-domestic-product-third-quarter-2020-advance-estimate\">BEA reports<\/a><\/p>\n<blockquote><p><strong>Real gross domestic product<\/strong> (GDP) increased at an annual rate of 33.1 percent in the third quarter of 2020 (table 1), according to the \u201cadvance\u201d estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 31.4 percent.<\/p><\/blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.thegatewaypundit.com\/wp-content\/uploads\/GDP-3Q-2020-600x306.jpg\" alt=\"\" width=\"600\" height=\"306\" \/><\/p>\n<p><a href=\"https:\/\/www.frbatlanta.org\/-\/media\/Documents\/cqer\/researchcq\/gdpnow\/RealGDPTrackingSlides.pdf\">The Atlanta FED<\/a> in early October estimated that the GDP rate increase for the 3rd Quarter of 2020 will be the largest increase in US history. The Atlanta FED predicted that the GDP will grow by a historic high of 34%:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/static.thegatewaypundit.com\/wp-content\/uploads\/Atlanta-Fed-Oct-1-2002-600x446.jpg\" alt=\"\" width=\"716\" height=\"532\" \/><\/p>\n<p>Every week the Atlanta FED increased its estimate for GDP growth in the 3rd Quarter. With housing starts at such a robust increase, the FED updated their estimates to a 34% increase from the 2nd Quarter on October 1st:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/static.thegatewaypundit.com\/wp-content\/uploads\/Atlanta-Fed-2-Oct-1-2002-600x290.jpg\" alt=\"\" width=\"724\" height=\"350\" \/><\/p>\n<p>According to <a href=\"https:\/\/tradingeconomics.com\/united-states\/gdp-growth\">Trending economics<\/a> the greatest increase in GDP in a single quarter is less than 20%:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/static.thegatewaypundit.com\/wp-content\/uploads\/GDP-Percent-Growth-Rate-2-600x376.jpg\" alt=\"\" width=\"745\" height=\"467\" \/><\/p>\n<h3><strong>The<\/strong><strong>GDP Growth Rate in the<\/strong><strong>3rd Quarter of 2020 was the greatest in US history \u2013 by far. This record may never be broken.<br \/>\n<\/strong><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>The US Bureau of Economic Analysis (BEA) released its initial estimates for GDP growth in the 3rd Quarter and the result crushed all previous records! The BEA estimates that the 3rd Quarter of 2020 recorded the largest quarterly GDP increase in US history.\u00a0 Today\u2019s estimates show the US GDP increased by 33.1% for the quarter. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":2180714,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/static.thegatewaypundit.com\/wp-content\/uploads\/.\/trumpthumbsup1-600x417.png","fifu_image_alt":"IT&#8217;S OFFICIAL: Trump Crushes Record for Largest GDP Increase in US History &#8212; 3rd Quarter GDP Up 33.1%","footnotes":""},"categories":[],"tags":[],"class_list":["post-5539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/static.thegatewaypundit.com\/wp-content\/uploads\/.\/trumpthumbsup1-600x417.png","fifu_image_alt":"IT&#8217;S OFFICIAL: Trump Crushes Record for Largest GDP Increase in US History &#8212; 3rd Quarter GDP Up 33.1%","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/5539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=5539"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/5539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2180714"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=5539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=5539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=5539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}