Is The Economy A 'Horrific Nightmare' Or 'Thriving?' Trump And Harris May Offer Differing Views, But Here's What Economists Say

Benzinga 2024-10-09

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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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