U.S. GDP Grows 33 Percent, Still Below Pre-Pandemic Levels | Hallie Jackson | MSNBC

U.S. GDP Grows 33 Percent, Still Below Pre-Pandemic Levels | Hallie Jackson | MSNBC 1

 

The U.S. GDP spiked 33.1 percent in the third quarter, the fastest pace recorded, after the economy dropped around 31 percent due to Covid-19. Aired on 10/29/2020.
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U.S. GDP Grows 33 Percent, Still Below Pre-Pandemic Levels | Hallie Jackson | MSNBC

47 Comments on "U.S. GDP Grows 33 Percent, Still Below Pre-Pandemic Levels | Hallie Jackson | MSNBC"

  1. Corporate stocks go up but everyone else is still feeling the heat.

    • @R vasquez No.. We will just blame you for being an idoit.

    • @R vasquez sad uneducated child. Trump is the President. Mitch went on vacation instead of voting on a stimulus. Trump only offered a stimulus if it meant businesses got a free pass for ignoring COVID safety protocols. Trump is fine killing Americans and protecting Big Business.

    • ​@R vasquez – Oh please. I’ve been in the market since the DOW was at 1,100. The big boys control the market. They sell losers and buy winners. There are always winners in every situation. Pelosi has nothing to do with it. Neither does tRump. Even when the market goes down, the big boys make money because they trade by computer programs & algorithms. When you pay millions of $$$ to replace a comminutions cable to save 3/100’s of a second on trades, you aren’t doing the trade yourself. They are trading & buying millions of shares per second. They buy a stock 1 minute and then sell it the next to make 5 cents per share. When you sell 10 million shares, that’s a lot of money in just 1 minute. Get real.
      “New Transatlantic Cable Built to Shave 5 Milliseconds off Stock Trades”
      https://www.popularmechanics.com/technology/infrastructure/a7274/a-transatlantic-cable-to-shave-5-milliseconds-off-stock-trades/

    • @R vasquez – I made this just for people like you. The 5 ton elephant tRump is ignoring. It took the U.S. 3 months to reach 500,000 COVID cases. There were 500,000 new COVID cases in October alone. But we “rounded the turn”.
      https://i.postimg.cc/sD969HdX/Elephant-In-The-Room.png

    • Fukawi Ninety Nine | October 29, 2020 at 4:55 PM | Reply

      This repot has nothing to do with stocks.

  2. Lanai FoodSystems | October 29, 2020 at 11:47 AM | Reply

    Germany and France shutting down……so will the DOW

  3. Psyop Event 201 | October 29, 2020 at 11:51 AM | Reply

    Freemason signature for sheep, 33🤣

  4. …And adjusted for inflation it’s been stagnant for over a decade….

  5. Louise Pacifico | October 29, 2020 at 12:06 PM | Reply

    Sure the rich people are investing it will hit botton for the poor

  6. This numbers are RIGGED. Ask the broke business, the unemployed. This is BS!

  7. Ty for that screen capture!
    This is a recovery and it isn’t even a fully recovered situation yet .

    • @chris bale Huh? I said record high savings accounts. While the media wants you to believe one thing, stats show a different picture. Are there some struggling yes, and I wish Pelosi would get out of the way and provide a vehicle for stimulus checks to Americans, but she won’t.

    • @James Hallman record high savings accounts…. in high level savings… that doesnt mean the entire USA is making more money. it means the top percentage of rich are making more money and the disparity is growing larger.

    • @James Hallman as of last month. homeless population was reported at 31% higher than last year. more than a quarter more. setting all gains back since the great depression. congress let the protections expire from covid relief. and yes they are from both presidential and government negligence. it is easily provable.

    • @chris bale It actually means that across the board people are saving more and spending less. outside of the demo-lockdown cities and states most have jobs and while not terrific as before pandemic they are doing well, but inside those areas, yeah its bad they need to loosen up and go back.. you will see it and its only days away, after Nov 3rd the politicians will have no reason to keep it closed. Remember, all the restrictions originally began in order to slow spread and not overwhelm healthcare system—Success!, this only became all about lives once is was weaponized in order to affect the election. You really need to think back and look around in order to have a realistic outlook on it that is not blurred by media coverage.

    • @chris bale 2018, HUD reported there were roughly 553,000  people in the  ,  In 2014, approximately 1.5 million sheltered homeless people were counted.

  8. I keep trying to add clients, but nobody is hiring right now.

  9. So in reality he is still playing catchup on all fronts. Now Trump’s pockets are full of taxpayer money, so you could say that his personal economy is doing well

    • In his pocket? He isn’t even taking any money for being president, scratch that he’s only accepting 1 dollar and donating the rest to fight against child predators. The man gave up his business to reform the country. God ya’ll MSM people still amaze me.

    • King Yellowman | October 29, 2020 at 9:45 PM | Reply

      100 minus 31% =69
      69 plus 33% =91.77
      Deficit from 100 =8.23%

  10. Catherine Robson | October 29, 2020 at 12:40 PM | Reply

    The Cares Act folks helps the main street economy

  11. Well of coarse many still on lockdown

  12. 40 million workers lose their job trillions $ pumped into economy as life support of course there’s growth. Wall Street is joke. Its there job to sell snake oil till next recession bailouts.

  13. Good thing the 1% have so much money, or the woes of the other 99% might hinder the GDP recovery.
    What would the neighbours think then?

  14. DarkKnightTrinity | October 29, 2020 at 1:23 PM | Reply

    K-shaped recovery. All that GDP is Jeff Bezos and other corporations.

  15. Is this the first time in history, ECONOMY hasn’t risen during an ELECTION year ? More ECONOMY NEWS…CENTRAL BANKS, SELLING GOLD, FOR THE FIRST TIME IN A DECADE…..CRUISE LINES LOBBY WHITE HOUSE, TO END NO SAIL-ORDER ?

  16. The stimulus money has run out and COVID is on the rise.

  17. Akash Guha Thakurata | October 29, 2020 at 1:57 PM | Reply

    That’s great economic recovery, the stimulus package really helped the companies to rehire the employees and thus record low unemployment rate in past 7 months despite the pandemic.
    Well done Americans.

  18. Patrick Tolman | October 29, 2020 at 4:29 PM | Reply

    💧💧Bobulinski interview 👀

  19. James Ouellette | October 29, 2020 at 4:33 PM | Reply

    Breaking news! the economy booms back right before we have to lock down our entire country again.

  20. What happened to that depression coming? California, New York and Illinois still basically closed yet still V shaped. Good job Trump.

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