MOMENTS AGO: The U.S. economy just crushed it—Q3 GDP surged at a 3.4% annualized rate, beating expectations and accelerating from 2.2% last quarter. Fox Business’s Charles Payne: “It’s phenomenal. This is U.S. exceptionalism. The majority of the gains came from investment, which is the key, right? President Trump has made it to the top of his agenda: Bring investments back. Bring manufacturing back. And it’s worked. It’s been absolutely phenomenal. The beat goes on. After that, the next biggest contributor has been consumers. And that’s exactly what you want. So you have consumers who are fully working.
You mentioned wage growth is slow, but that doesn’t mean wage gains have. You know, they’ve had pretty good wage gains over the last couple of years.” “Unemployment is 4.1, 4.2%. Most of the time, economists call that full employment. So people are out there. They’re spending money. They’re making money. They’re making money. But the key here has been investments. And we don’t want to mess that up. We don’t want to stop those investments. Manufacturing, data centers. This is the future. We control our destiny right now. It would be a shame if America gave that up.”
MOMENTS AGO: The U.S. economy just crushed it—Q3 GDP surged at a 3.4% annualized rate, beating expectations and accelerating from 2.2% last quarter.
Fox Business’s Charles Payne: “It’s phenomenal. This is U.S. exceptionalism. The majority of the gains came from investment, which is the key, right? President Trump has made it to the top of his agenda: Bring investments back. Bring manufacturing back. And it’s worked. It’s been absolutely phenomenal. The beat goes on. After that, the next biggest contributor has been consumers. And that’s exactly what you want. So you have consumers who are fully working. You mentioned wage growth is slow, but that doesn’t mean wage gains have. You know, they’ve had pretty good wage gains over the last couple of years.”
“Unemployment is 4.1, 4.2%. Most of the time, economists call that full employment. So people are out there. They’re spending money. They’re making money. They’re making money. But the key here has been investments. And we don’t want to mess that up. We don’t want to stop those investments. Manufacturing, data centers. This is the future. We control our destiny right now. It would be a shame if America gave that up.”
— RedWave Press (@RedWavePress) October 29, 2026
- Q3 GDP Surge Validates Trump Policies: The RedWavePress X post spotlights the U.S. Bureau of Economic Analysis report showing 3.4% annualized real GDP growth in Q3 2026, accelerating from 2.2% in Q2 and beating forecasts of 3.1-3.2%, with Charles Payne crediting investments in manufacturing, data centers, and consumer spending as hallmarks of “U.S. exceptionalism” driven by the Trump administration’s focus on repatriating production.
- Investment and Manufacturing Rebound Key Drivers: Strong private domestic investment (up 19.4%, led by 12.7% nonresidential fixed investment in AI structures and equipment) and resilient 3.8% consumer spending reflect policies emphasizing deregulation, tax incentives, and domestic energy dominance, as echoed across X posts noting record energy output and FDI inflows that position the U.S. for sustained competitiveness.
- Broader Momentum with Caveats: Supporting indicators include low unemployment near full employment (4.1-4.2%) and stock market gains, fueling optimism for 2026 expansion, though trade deficits from higher imports and varying inflation pressures remain factors in the overall economic picture.
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