America’s glorious economy should help Kamala Harris

ANDthere was a measuring tape should be in recession. When the Federal Reserve began raising interest rates at its fastest pace since the early 1980s, few economists expected the economy to be heading into this state’s presidential election. Indeed, just a few months ago, few people thought that everything would be so good. Real (inflation-adjusted) quarterly annualized growth has averaged 2.9% since the start of 2023, above the long-term trend. America will publish it on October 30 GDP indicator for the third quarter of this year. According to the Atlanta Fed’s usually reliable model, the economy likely grew at an annualized rate of 3.3%, nearly double the average forecast in July at the start of the quarter.