THE US ECONOMY GREW 3.3%

[Samori Toure]

Everything about Trump is a fraud and OP can't see it.

The growth that OP is bragging about is a revised report; and it was based upon Companies stocking up on imported goods and holding inventory to beat the tariffs.


US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth - ABC News US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth

So companies were purchasing two or three times as much inventory to beat the tariffs it is called "pulling forward purchases." To do that companies have to spend extra money and get extra warehouse space to store the merchandise. Now some of the companies have too much inventory that they can't sale it so they have been off loading inventory to Dollar Stores and discount retailers like TJ Maxx.

https://www.wsj.com/articles/retailers-bulk-up-inventories-to-blunt-tariff-impact-dd6e964f

https://www.wsj.com/business/retail/trump-tariff-retailers-walmart-amazon-tjx-d4933283?mod=RSSMSN

Here’s Why Dollar Stores Are So Cheap

workandmoney.com

 

[Sir Richard Spirit]

Everything about Trump is a fraud and OP can't see it.

The growth that OP is bragging about is a revised report; and it was based upon Companies stocking up on imported goods and holding inventory to beat the tariffs.


US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth - ABC News US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth

So companies were purchasing two or three times as much inventory to beat the tariffs it is called "pulling forward purchases." To do that companies have to spend extra money and get extra warehouse space to store the merchandise. Now some of the companies have too much inventory that they can't sale it so they have been off loading inventory to Dollar Stores and discount retailers like TJ Maxx.

https://www.wsj.com/articles/retailers-bulk-up-inventories-to-blunt-tariff-impact-dd6e964f

https://www.wsj.com/business/retail/trump-tariff-retailers-walmart-amazon-tjx-d4933283?mod=RSSMSN

Here’s Why Dollar Stores Are So Cheap

workandmoney.com

Isn’t that how TJ Maxx always gets their products? That and licensing deals that get them products with designer names? It only happened for this projection is what you saying?


you know what.. you don’t even need to answer.. you don’t know what your talking about.. I’ve already realized this. Get your daps breh

 

[Samori Toure]

Isn’t that how TJ Maxx always gets their products? That and licensing deals that get them products with designer names? It only happened for this projection is what you saying?


you know what.. you don’t even need to answer.. you don’t know what your talking about.. I’ve already realized this. Get your daps breh

Actually you don't know what you are talking about. You literally made a thread bragging about the GDP, but didn't know that it was bullshyt and based upon companies pulling forward purchases to beat tariffs. Now those same companies can't sale the stuff so they are unloading excess inventory to Dollar Stores and other discount sellers. Dollar stores inventory comes mostly from China, with some purchasing of excess inventory coming from retailers. Now days Dollar stores are purchasing extra lots from companies that are forced to unload the pulled forward goods. In conclusion you have shown through out this thread how clueless you are about the economy and interest rates, but instead of you being a man and admiting you lack of understanding you continue to double down on crazy just like a typical Trump voter. Do better.

 

[Sir Richard Spirit]

Remember.. you can HATE Trump and STILL benefit from this economy. Wait until these rates start dropping






I keep telling yalll.. not everyone is broke and struggling.. there are familees out here making smart decisions to stay ahead..401/403 are growing..


America will NEVER fall to China


As always: STAY OUT OF DEBT




@Samori Toure come tell us about that stagnation

Actually you don't know what you are talking about. You literally made a thread bragging about the GDP,

“Bragging”

 

[Secure Da Bag]

3.3% after all these tariffs and tax cuts? It's a failure whether you believe it or not.