Is The Economy A 'Horrific Nightmare' Or 'Thriving?' Trump And Harris May Offer Differing Views, But Here's What Economists Say
The September jobs report exceeded expectations, fueling economic optimism ahead of the presidential election with job growth and a lower unemployment rate. Trump described the current economy as a horrific nightmare at a Michigan rally, while Harris described it as thriving during a 60 Minutes interview. Moody's chief economist Mark Zandi described the current U.S. economy as one of the best-performing in over 35 years. With consumer prices cooling, rising productivity and GDP growth could position Biden to achieve the highest average productivity rate since the Clinton administration.
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00:00It's Benzinga, and here's what's on the block.
00:02The September jobs report exceeded expectations, fueling economic optimism ahead of the presidential
00:08election with job growth and a lower unemployment rate.
00:11Trump described the current economy as a horrific nightmare at a Michigan rally, while Harris
00:16described it as thriving during a 60 Minutes interview.
00:19Moody's chief economist Mark Zandi described the current U.S. economy as one of the best
00:23performing in over 35 years.
00:26With consumer prices cooling, rising productivity and GDP growth could position Biden to achieve
00:31the highest average productivity rate since the Clinton administration.
00:35For all things money, visit Benzinga.com.