Subject: RE: Trump on the economy...
From: "Crystal, Andy" <[email-masked]>
To: "Paustenbach, Mark" <[email-masked]>
Date: Thu, 5 May 2016 08:22:12 -0700

GDP was initially reported as 1.0% but revised up to 1.4%

http://www.wsj.com/articles/u-s-fourth-quarter-gdp-revised-up-corporate-profits-fall-1458909252

From: Paustenbach, Mark
Sent: Thursday, May 05, 2016 10:57 AM
To: Crystal, Andy
Subject: Trump on the economy...

In the first hyperlinked article, it says GDP grew 1.4 percent in Q4 2015, but the second hyperlinked article says 1 percent. Was the number revised upward?

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Here's what I want to say...

TRUMP ONCE AGAIN MAKING INCORRECT CLAIMS ABOUT THE ECONOMY

Trump today (5/5/16) on Squawk Box said economic growth was "zero."

-          Q1 2016: Gross domestic product increased<http://www.cnbc.com/2016/04/28/us-advance-q1-2016-gdp.html> at a 0.5 percent annual rate

Trump at the Miami GOP debate in March: "GDP (gross domestic product) was zero essentially for the last two quarters"

-          Q3 and Q4 2015: GDP grew<http://www.politifact.com/truth-o-meter/statements/2016/mar/11/donald-trump/no-gdp-growth-not-zero-trump-says/> at an annual rate of 1 percent in the fourth quarter of 2015, and 2 percent in the third quarter.

Mark Paustenbach
National Press Secretary &
Deputy Communications Director
Democratic National Committee
W: 202.863.8148
[email-masked]<mailto:[email-masked]>