Second quarter U.S. economic growth was revised to 4.2 percent Wednesday morning, an increase from the 4 percent number release in July.
BREAKING NEWS: 2Q GDP (2nd read): +4.2% (ACT) vs. +4.0% (EST) pic.twitter.com/VjX1Yy5cJx
— FOX Business (@FoxBusiness) August 29, 2018
In addition to the good news about increased economic growth, the NAZDAQ also hit an all-time high.
#StockAlert: Nasdaq hits all-time high pic.twitter.com/EG0VAdvvPv
— FOX Business (@FoxBusiness) August 29, 2018
Meanwhile, consumer confidence is at its highest level since 2000 as President Trump works with Canada this week on a new trade agreement. The President announced the end of NAFTA and a new deal with Mexico earlier this week and argued Canada will come to the table for a deal or see more tariffs.
.@WhiteHouseCEA's Kevin Hassett: "The hope is that Canada signs up. The deal with Mexico is a fantastic deal... We absolutely are ready to move ahead with Mexico." pic.twitter.com/661S59yJMa
— FOX Business (@FoxBusiness) August 29, 2018
.@WhiteHouseCEA's Kevin Hassett: "Our objective is that the Mexico deal and hopefully the Canada deal become a model for our deals with many other countries." pic.twitter.com/Z4A5m3VJBl
— FOX Business (@FoxBusiness) August 29, 2018
.@WhiteHouseCEA's Kevin Hassett: "We're extremely hopeful that Canada will join, its a great deal. It's really a historic deal that the president has designed with Mexico." pic.twitter.com/MVAOVqOCdP
— FOX Business (@FoxBusiness) August 29, 2018