ilmscore | The Economy Is BOOMING | The TRUTH Behind the Latest Economic Data

The Economy Is BOOMING | The TRUTH Behind the Latest Economic Data

Published: 2024-09-28
Status: Available | Analyzed

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
The US national deficit is projected to reach $1.9 trillion in 2024, marking it as the third largest in history.
"And in 2024 the national deficit is expected to be $1.9 trillion"
US National Deficit
Pending
The US national deficit in 2024 is predicted to be the third largest ever recorded, surpassed only by figures from the pandemic era.
"2024 is expected to have the third largest national deficit in history second only to the pandemic times"
US National Deficit
Pending
The US economy is growing at an annualized rate of 3%.
"our economy is growing by 3% a year"
US GDP Growth
Pending
The US unemployment rate has risen from approximately 3.5% last year to the current range of 4.2-4.3%.
"we have seen unemployment numbers rise we're at around three and a half% unemployment last year we're at the low 4% now 4.2 4.3% unemployment"
US Unemployment Rate
Pending
The speaker is questioning the number of large interest rate cuts expected from the Federal Reserve before the end of the year, and throughout 2025 and 2026.
"how many other large interest rate Cuts is the Federal Reserve Bank going to do are we going to see another large interest rate cut before the end of the year how many more times is the Fed going to cut interest rates in 2025 and 2026"
US Interest Rates
Pending
The US is expected to have a $1.9 trillion national deficit in 2024.
"the government has a large national deficit like in 2024 we are expecting a $1 1.9 trillion national deficit"
US National Deficit
Pending