The US economy grew in the last quarter of 2022 despite inflation and interest rate hikes | ABCNL



ABC News’ Karen Travers breaks down the latest GDP report, showing the economy grew 2.9 percent in the fourth quarter of 2022. WATCH the ABC News live stream here: https://www.youtube.com /watch?v=w_Ma8oQLmSM SUBSCRIBE to ABC News: https://bit.ly/2vZb6yP See more at http://abcnews.go.com/ LIKE ABC News on FACEBOOK https://www.facebook.com/abcnews FOLLOW ABC News on TWITTER: https://twitter.com/abc #ABCNLUpdate #gdp #janetyellen #ratehike #abcnews

Original source (ABC/Youtube)

20 comments

  1. Don't tell republicans …. they can't cope with reality.

  2. Given the high inflation, the use of coupons is more widespread than ever and many people rely on them not only for the purchase of food but also for clothing and much more. The transition to the 8112 digital coupon format is imminent.

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  3. Stocks up, data is positive.

  4. Democrats are so terrible with the economy. If we can't stop electing Democrats as leaders, then our whole country is going to look like Illinois and California, their credit ratings are among the worst in the country.

  5. you got on a plane to get there! Don't talk to me about climate change, we all know that it's lies! & the rich get richer the poor get poorer and wars

  6. HEAVEN OR HELL, YOU CHOOSE!
    Whoever repents of all his sins (turns from sins) and calls on the Name of the LORD, will be saved. He who died on a cross for the sins of the world, rose from the dead on the third day, and by His blood, whoever repents and believes, has full redemption of sins and eternal life!
    Today is the day of your salvation, repent and confess Jesus Christ now as your Lord and be saved, because you broke the law but He paid your fine with His life's blood!

    For those with understanding: Matthew 24:40-41 will take place very soon, this is the sixth seal! This is the generation of the harpazo, rapture, and behold you will witness the trumpet blast that will make the sky recede as a scroll being rolled up! Therefore, be ready and be the five wise virgins, do not be the five foolish virgins! (Parable of the Ten Virgins)

  7. Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today..

  8. Meanwhile, family and fellow Americans face going into poverty.

  9. Anyone making under $25/Hour is not benefitting from the fake economy of gouged products and services! 60+ million Americans are living in poverty or homelessness!

  10. GDP only grew for millionaires and billionaires! NOT the average to poor American! That is not an economy! That is a dumpster fire!

  11. Of course it ‘’grew’’ with so called ‘christmas’ to meet your financial ‘goals’ for end of year books. Christ was NOT born in December but satan & the gentiles deceived the whole entire planet since the 1600’s. Generation to generation teaching the works of satan. LUKE 1:26 CLEARLY, IN PLAIN LANGUAGE says Christ was conceived in the SIXTH month which is JUNE. 9 months from June is MARCH/NISAN. The Lamb of God was born in the Spring just like ALL LAMBS. Why in the world would God send Christ in the coldest month of the year?? WAKE UP!! Doctrine & Covenants 20:1 also says in plain language Christ was born in Spring. BUT no one wants to read, see, nor hear the truth thinking they’re way too smart be be deceived & already know it all, ‘cause the whole world celebrates it’. Delusional!! And do NOT come at me with ‘it’s ok to celebrate when we want’ NO! God said celebrate the Feasts! GO READ, cause this is one debate you surely will not win. Tired of the lies & precepts of man/woman ✋

  12. Hows that inflation feel? Proud of your $15 to $20 an hour minimum wage to salt fries you goofy fuhjcks.. .

  13. What happened to 79 cent chicken eggs? Is that inflation?

  14. During Trump's tenure, the US economy contracted 3.5% – the fastest rate since 1946. GDP growth was the worst since the Great Depression. Trump was the worst jobs president in recorded history. The Dow had the largest single-day stock market drops in the history of Dow Jones. 8 of the top 10 states with the highest poverty rate? The Republican-led states of Mississippi, Louisiana, Arkansas, West Virginia, Alabama, Kentucky, South Carolina and Oklahoma.

  15. Dont tell the Republicans it'll ruin their day

  16. Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.