Tweets on how well the economy is doing

see that grey line?

it's about to be more like 2.2%.

average wage gains are up at 4% now

which means real, inflation adjusted wage gains are about to officially be higher than they were for much of 2019 — the period so many Americans have expressed nostalgia for this cycle. pic.twitter.com/sfLvDROM4l

— talmon joseph smith (@talmonsmith) October 4, 2024

Four years ago when Trump was president, the Black unemployment rate was 11.9 percent. Now it’s 5.7 percent. The lowest Black unemployment rate in history (4.8%) happened just last year. #jobsreport pic.twitter.com/BVqdY7CYwY

— Keith Boykin (@keithboykin) October 4, 2024

JPMORGAN’s David Kelly, on @CNBC:

The so-called “misery index” (inflation + unemployment rate) is expected to be ~6.4 points after next week’s #CPI.

“That’s lower than it’s been 89% of the time in the last 50 years.” 🇺🇸 pic.twitter.com/UDivI8o7ma

— Carl Quintanilla (@carlquintanilla) October 4, 2024

Pandemic stuff aside, it's striking that in 2024 the economy is still adding jobs at a faster pace than in 2019 or 2017. pic.twitter.com/auulzXXJYQ

— Matthew Yglesias (@mattyglesias) October 4, 2024

The jobs report for September cements my view that the economy is about as good as it gets. The economy is creating lots of jobs across many industries, consistent with robust labor force growth, and thus low and stable unemployment. The economy is at full-employment, no more and…

— Mark Zandi (@Markzandi) October 4, 2024

US manufacturing has grown faster under Biden/Harris than anytime in the modern era. pic.twitter.com/WnwjJFqiHP

— Michael Thomas (@curious_founder) October 2, 2024

I’ve hesitated to say this at the risk of sounding hyperbolic, but with last week’s big GDP revisions, there is no denying it: This is among the best performing economies in my 35+ years as an economist. Economic growth is rip-roaring, with real GDP up 3% over the past year.…

— Mark Zandi (@Markzandi) September 29, 2024