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US revises down last quarter’s economic growth to 2.6% rate
( ) -q-20- UNDATED (Correspondent Jeremy House) “in the report.”
The U.S. economy maintained its resilience from October through December of 2022 despite rising interest rates.
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Out-cue: in the report]
TAG: Correspondent Jeremy House reporting. For all of 2022, the U.S. economy expanded 2.1%, down from a robust 5.9% in 2021.
The government says the economy grew at a 2.6-percent annual pace, a slight downgrade from its previous 2.7-percent estimate. The rise in the gross domestic product for the October-to-December quarter was down from the 3.2% growth rate from July through September. Exports and consumer spending were revised lower in the report.
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Greg Clugston SRN News White House correspondentView More »
Political reaction to Donald Trump’s historic indictment
The political world is reacting to former President Donald Trump’s indictment by a Manhattan grand jury. The reactions range from outrage to vindication. House Speaker Kevin McCarthy denounced the Manhattan DA, claiming Alvin Bragg has “weaponized our sacred system of justice.” Senate Majority Leader Chuck Schumer said Trump “is subject to the same laws as every American.” Meanwhile, Trump himself said he was “completely innocent” and called the indictment “political persecution.”Listen Download
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Ted Cruz blasts Trump indictment as “utter garbage”
Texas senator Ted Cruz [R-TX] is among the GOP leaders who were quick to condemn a decision by the Manhattan District Attorney to indict former president Trump. Capitol Hill correspondent Bob Agnew reports.Listen Download
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Former President Trump Kicks Off Campaign Events
The former President is kicking off his 2024 campaign with two stops along the East Coast. More from Correspondent Bernie Bennett.
Former President Donald Trump kicked off his 2024 White House bid with a stop Saturday in New Hampshire before heading to South Carolina, appearances in early-voting states marking the first campaign events since announcing his latest run more than two months ago.
Those states hold two of the party’s first three nominating contests, giving them enormous power in selecting the nominee.
Mr. Trump and his allies hope the events will offer a show of force behind the former president after a sluggish start to his campaign. In recent weeks, his backers have reached out to political operatives and elected officials to secure support for Mr. Trump at a critical point when other Republicans are preparing their own expected challenges.
Bernie Bennett reporting.Listen Download
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Michael Harrington SRN News religion desk editorView More »
Another measure of church attendance in the U.S.
Another measure of church attendance in the U.S.
VERBATIM: The Pew Research Center poll finds that the share of adults typically attending religious services in person at least once a month dropped from 33% in 2019, before the COVID-19 outbreak, to 30% in 2022. However, the survey also found that the percentage of people who take part in religious services in some way each month — in person, virtually or both — has remained steady since the early days of the pandemic. Michael Harrington, SRN News.
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WALL STREET BUSINESS REPORT 3-30
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