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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TAG: Correspondent Jeremy House reporting. For all of 2022, the U.S. economy expanded 2.1%, down from a robust 5.9% in 2021.

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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.

President Biden’s handling of the economy continues to drag down his approval rating

President Biden’s handling of the economy continues to drag down his approval rating

VERBATIM:

More than two-thirds of Americans surveyed disapprove of Joe Biden’s stewardship of the national economy. A new AP-NORC poll puts the president’s overall job approval at just 38 percent. Most Republicans give Mr. Biden low marks on the economy, while only about a quarter of all Americans say the national economy is good or that the country is headed in the right direction. GC, Wash.

GOP Hopefuls Gather In South Carolina

Republicans who are seeking to lead their party in the 2024 presidential race are gathering in South Carolina this weekend.  And they’re promoting a goal that’s at the forefront of their agenda — namely, taking on “woke ideology.” The Vision ’24 event in North Charleston is being held by the group Palmetto Family, which lobbies for what it considers to be “biblical values.”  Organizers are describing the gathering as “casting the conservative vision” for the next White House race. More than 400 attendees are expected to hear from presidential hopefuls, including a former South Carolina governor who was Donald Trump’s U.N. ambassador, and tech entrepreneur Vivek Ramaswamy.

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.

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.

AM SPORTSCAST 3-30

AM SPORTSCAST 3-30