{"id":488344,"date":"2026-02-20T20:08:10","date_gmt":"2026-02-20T20:08:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/488344\/"},"modified":"2026-02-20T20:08:10","modified_gmt":"2026-02-20T20:08:10","slug":"trump-previewed-weak-gdp-on-truth-social-ahead-of-official-release","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/488344\/","title":{"rendered":"Trump previewed weak GDP on Truth Social ahead of official release"},"content":{"rendered":"<p>U.S. President Donald Trump speaks at the Coosa Steel Corporation on Feb. 19, 2026 in Rome, Georgia. <\/p>\n<p>Chip Somodevilla | Getty Images<\/p>\n<p>Forty minutes before the federal government revealed that <a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/pce-inflation-december-2025.html\" rel=\"nofollow noopener\" target=\"_blank\">economic growth slowed sharply <\/a>in the last quarter, President <a href=\"https:\/\/www.cnbc.com\/donald-trump\/\" rel=\"nofollow noopener\" target=\"_blank\">Donald Trump<\/a> dropped a hint that the incoming data would be weaker.<\/p>\n<p>&#8220;The Democrat Shutdown cost the U.S.A. at least two points in GDP. That&#8217;s why they are doing it, in mini form, again,&#8221; Trump wrote in a <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116103041948622478\" target=\"_blank\" rel=\"nofollow noopener\">Truth Social post<\/a> at 7:50 a.m. ET.<\/p>\n<p>At 8:30 a.m., the Commerce Department reported that U.S. gross domestic product rose at an annualized rate of just 1.4% in the fourth quarter of 2025. That&#8217;s a decline of 3 percentage points from the previous three-month period. <\/p>\n<p>Trump&#8217;s Friday morning post referred to last year&#8217;s record-length government shutdown, which began Oct. 1 \u2014 the start of the fourth quarter \u2014 and lasted 43 days.<\/p>\n<p>The federal funding lapse was expected to take a toll on GDP. The U.S. Congressional Budget Office estimated that, depending on its length, the shutdown would shrink annualized real GDP growth in Q4 by up to 2 percentage points.<\/p>\n<p>But economists from Dow Jones were still estimating a 2.5% gain for the period.<\/p>\n<p>Trump has previously revealed economic data before its official release, raising questions about possible policy violations and concerns that traders may be getting a heads-up from the president, who can be briefed on the data before it comes out. <\/p>\n<p>The Office of Management and Budget not only <a href=\"https:\/\/www.bls.gov\/bls\/statistical-policy-directive-3.pdf\" target=\"_blank\" rel=\"nofollow noopener\">prohibits executive branch officials<\/a>\u00a0from commenting early on such releases, but forbids public statements about them until 30 minutes after they have come out.<\/p>\n<p>A White House official defended Trump&#8217;s post, telling CNBC on condition of anonymity that the president has consistently pointed out how the shutdown has been a drag on the economy, including by sharing GDP percentage figures &#8220;consistent with his 2% Truth this morning.&#8221;<\/p>\n<p>In a Truth Social post in January, <a href=\"https:\/\/www.cnbc.com\/2026\/01\/09\/trump-revealed-jobs-data-early.html\" rel=\"nofollow noopener\" target=\"_blank\">Trump indirectly revealed<\/a> forthcoming nonfarm payrolls data.<\/p>\n<p>The White House at the time admitted that there was an &#8220;inadvertent public disclosure of aggregate data&#8221; while attacking the media for &#8220;grasping at straws to foment another fake controversy.&#8221;<\/p>\n<p>Read more CNBC politics coverage<\/p>\n<p>During his first presidential term, <a href=\"https:\/\/www.cnbc.com\/2018\/06\/01\/trump-calls-strong-jobs-numbers-saying-an-hour-before-he-was-looking-forward-to-the-report.html\" rel=\"nofollow noopener\" target=\"_blank\">Trump signaled optimism<\/a> about a blowout jobs report shortly before its release.<\/p>\n<p>Trump&#8217;s post Friday morning also reiterated his long-running criticism of Federal Reserve Chair <a href=\"https:\/\/www.cnbc.com\/jay-powell\/\" rel=\"nofollow noopener\" target=\"_blank\">Jerome Powell<\/a> over his refusal to lower interest rates as sharply or quickly as the president wants.<\/p>\n<p>&#8220;Also, LOWER INTEREST RATES. &#8216;Two Late&#8217; Powell is the WORST!!!&#8221; Trump wrote.<\/p>\n<p>He has previously branded Powell with the derisive nickname &#8220;Too Late&#8221;; it was unclear if the president meant to misspell the nickname in Friday&#8217;s post.<\/p>\n<p>The White House did not immediately respond to CNBC&#8217;s request for comment on Trump&#8217;s social media post.<\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/02\/108267828-17715944911771594488-44127390526-1080pnbcnews.jpg\" alt=\"Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"U.S. President Donald Trump speaks at the Coosa Steel Corporation on Feb. 19, 2026 in Rome, Georgia. Chip&hellip;\n","protected":false},"author":2,"featured_media":488345,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[6826,4615,45,161,49,48,1377,1376,2294,46,9316,189647,196479,1375,714,1666,772],"class_list":["post-488344","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-breaking-news-economy","tag-breaking-news-politics","tag-business","tag-business-news","tag-ca","tag-canada","tag-donald-j-trump","tag-donald-trump","tag-economic-events","tag-economy","tag-interest-rates","tag-invesco-qqq-trust","tag-ishares-u-s-treasury-bond-etf","tag-jerome-powell","tag-politics","tag-u-s-economy","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/488344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=488344"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/488344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/488345"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=488344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=488344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=488344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}