OAN Staff&nbsp;<a href="https://www.oann.com/tag/daniel-baldwin">Alicia Summers</a> 2:35 PM – Thursday, September 26, 2024
Today’s GDP report indicates modest growth of 3%, suggesting the economy is on an upward trajectory, but underlying concerns persist. High prices, declining consumer confidence, and a staggering debt-to-GDP ratio of 123% have experts cautious about future outlooks. Dale Smothers, President and CEO of RDS Wealth, joins Alicia Summer to help unpack these critical issues and their implications.
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Today's GDP report indicates modest growth of 3%, suggesting the economy is on an upward trajectory, but underlying concerns persist. High prices, declining consumer confidence, and a staggering debt-to-GDP ratio of 123% have experts cautious about future outlooks.{ai:summary}Today’s GDP report shows a 3% growth, indicating positive economic movement. However, high inflation, reduced consumer confidence, and a debt-to-GDP ratio of 123% raise concerns among experts about sustainability.Dale Smothers from RDS Wealth discusses the implications of these pressing economic issues. #economy

Economy Grows 3%, but High Debt and Consumer Concerns Spark Worries Ahead

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