Trump Highlights Strong U.S. Economy and Mentions S&P Indicators
Donald Trump, the President of the United States, claimed that the U.S. economy is showing strong growth by referencing the business activity indicators from the S&P Flash Survey. He emphasized that the composite index and the manufacturing and services indicators have reached their highest levels in years, describing it as the 'hottest economy in the world.' On the 24th, President Trump introduced the results of the S&P Flash Survey through Truth Social, asserting that the growth of the U.S. economy, employment, and corporate investment are robust. He explained that the composite index, which combines services and manufacturing, recorded its highest level in 62 months, while manufacturing reached its peak in 53 months and services in 52 months. Additionally, he stressed that a strong economy positively impacts workers, claiming that the real median income in the U.S. is at an all-time high. President Trump mentioned that the economic growth rate during his second term is the fastest since 2015, asserting that the U.S. economy is doing well despite conflicts with the Democrats. He criticized the media for distorting the economic situation to assist the Democrats ahead of the midterm elections, emphasizing the need to maintain the current economic momentum.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Limited Progress in US-Iran Negotiations as Both Sides Reluctant to Compromise

Trump to Sign Executive Order Renaming Artificial Intelligence to Superintelligence

Hassett Claims U.S. Economy Still Paying Off Biden-Era Debt from Money Printing

Hunter Biden's $LAPTOP Token Drops 98%, Discusses Launch Issues and Bitcoin Prediction

Bitcoin: 81% of the supply has not moved in six months

UBS: Historically, the Federal Reserve has never raised interest rates in October before elections, and this time may be no different

U.S. Securities Commission Updates Securities Regulations for Certain Cryptocurrency Assets

Bitcoin's Upward Momentum Weakens Amid Macroeconomic Factors

NVIDIA, Anthropic, Palantir CEOs Discuss AI Risks with Trump

US and Iran to Discuss Strait Reopening Proposal on 28th or 29th

Trump's Actions Backfire as Interest Rates and Inflation Rise

Trump's Order Does Not Require U.S. Government to Purchase Bitcoin

Democrats to Investigate Trump Family's Crypto Business if Elected

Global Debt Reaches Critical Levels, Is Currency Devaluation Trading Revived?

Trump Rejects Iran's New Negotiation Proposal, Keeps Negotiation Window Open

Bloomberg analyst says Bitcoin fails as portfolio asset

Anthropic CEO Dines with Trump: What's at Stake in AI

Hester Peirce, SEC Commissioner, Resigns from Position

Bitcoin at $84,000 Despite US-Iran Stalemate

How Crypto Stopped Waiting for Congress and Learned to Love the Regulators

US and China Establish AI Hotline

US SEC States Token Buybacks and Network Upgrades Do Not Automatically Constitute Securities

Coinbase Suggests Including Digital Assets in Trump Account Investment Scope

US Consumer Sentiment Index Falls to 48.1 in September

Trump Expresses Concern Over Yen Depreciation, Japanese Finance Minister Says Coordination with U.S. Will Continue

Treasuries at 21-Year High: Impact on Stocks and Interest Rates

US Considers Global Expansion and Adoption of Dollar-Denominated Stablecoins to Stimulate Treasury Demand

Trump Invites US Tech and Finance Leaders to State Dinner for Xi Jinping

The EU will strengthen its oversight of AI and tokenization starting in 2027








