- President Donald Trump has made the strength of the economy a key part of his 2020 reelection strategy.
- Trump got more ammunition for that argument with the higher-than-expected first quarter GDP numbers on Friday.
- GDP came in at 3.2% for the first quarter, much higher than the 2.3% expected by economists.
- Voters are also generally favorable towards Trump’s handling of the economy.
- So the strong numbers help build Trump’s best argument for 2020.
Friday’s strong GDP report wasn’t just good news for the US economy, it’s also a good sign for President Donald Trump as he sets his sights on reelection in 2020.
The Commerce Department said first quarter GDP hit 3.2%, well above the 2.3% print that economists expected.
While there are a handful of reasons that the strong GDP number may be temporary, the growth came after early concerns that the first quarter’s growth was going to be disastrous.