(CNN) President Donald Trump spent the morning bragging about the economy. At least one of his claims didn't come close to being true.

"The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years!" the president said in a tweet.

The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years! — Donald J. Trump (@realDonaldTrump) September 10, 2018

The first two numbers are correct, although they measure completely different things, and in different ways.

The overall US economy grew at a 4.2% annual rate in the second quarter. Unemployment was between 3.8% and 4% during the quarter, and it came in at 3.9% in August.

That's all good news.

Read More