How is the GDP growing when nothing else seems to be?

Question

We've had strong GDP growth all three quarters this year. To me, that would indicate that, in at least some areas, we should be seeing growth. However, from my extremely ignorant armchair, it doesn't look like that's happening. [Wage growth has held steady](https://tradingeconomics.com/united-states/wages), [the DOW](https://www.google.com/search?q=dow&rlz=1C1GCEA_enUS812US812&oq=dow&aqs=chrome..69i57j69i60j69i61j69i60j69i59.215j0j1&sourceid=chrome&ie=UTF-8), [S&P 500](https://www.google.com/search?rlz=1C1GCEA_enUS812US812&ei=eyHTW5H5EIagswXM57boAQ&q=s%26p+500&oq=s&gs_l=psy-ab.3.1.0i131i67j0i67l6j0i131j0j0i131.36048.36048..37225...0.0..0.47.47.1......0....1..gws-wiz.......0i71.XtL_x7wv15E), and [NASDAQ](https://www.google.com/search?q=nasdaq&rlz=1C1GCEA_enUS812US812&source=lnms&tbm=fin&sa=X&ved=0ahUKEwiTifHipaTeAhUpgK0KHbgDCgEQ_AUIDigB&biw=1764&bih=850#scso=_rCHTW93xOMO8sAWcnaegAg1:0) are all roughly even year-to-date, and [the deficit has grown 17%](https://www.usgovernmentspending.com/federal_deficit_chart.html). Even [the trade deficit is growing](https://www.cnbc.com/2018/10/25/us-trade-deficit-widens-for-fourth-straight-month-hits-76-billion.html). This confuses me. Though not perfectly correlated, I thought the GDP would at least be a strong indicator of these other financial components (or the other way around).To grossly (pun unintended) oversimplify my point: it sounds to me like the value of America has gone up, but there's somehow less money in America. Am I missing something? How can the GDP be consistently growing at a rapid rate when nothing else seems to be?

Answer 1

Gross Domestic Product increases mean that more Americans have faith in our currency, increasing the value and encouraging uninhibited spending. The result is a healthy economy. With any hope this will serve to rectify the trade imbalance, to reach higher wages and diminish the national debt, as low taxes and more jobs flood the free market and government coffers!