Thursday, September 26, 2024

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

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OAN Staff Alicia Summers
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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