Treasury Secretary Scott Bessent said on Sunday that it’s been a “very strong” holiday shopping season so far and predicted that the U.S. economy would end the year on strong footing.
“The economy has been better than we thought. We’ve had 4% GDP growth in a couple of quarters,” he said in an interview on CBS News’ ‘Face the Nation.’ “We’re going to finish the year, despite the Schumer shutdown, with 3% real GDP growth.”
Actual: 1.4%