US economy shrank faster than reported in first quarter

[Hollie]

Nike says tariffs will cost it $1 billion before price increases, supply chain shifts​

https://www.cnbc.com/2025/06/26/nike-nke-q4-2025-earnings.html

Do'h, Dotard!

Fear porn, darlin'. You're being groomed for Nike to raise prices and their profits


Do'h you're a moron.

 

[22lcidw]

We fully expect illegal alien supported labor to go down as we run them out of the country.

Then Americans and legal immigrants will be hired and the numbers will go up.

That is two positives. A double positive.

 

[citygator]

Trump was elected to screw up a growing economy and blame it on the last guy. So far so good!

 

[Blisterfinger]

No worries, that first qtr coming out of the four years of Xiden wasn't going to be perfect, but second qtr predictions are booming

Second-Quarter GDP Growth Estimate Increased​

On June 2, the GDPNow model estimate for real GDP growth in the second quarter of 2025 is 4.6 percent, up from 3.8 percent on May 30. View GDPNow for more details.
RELATED LINKS

Second-Quarter GDP Growth Estimate Increased

www.atlantafed.org

Oops, never mind leftists are wrong AGAIN! It's almost as if they practice wishful thinking, wishing for our collapse.

 

[Crepitus]

We fully expect illegal alien supported labor to go down as we run them out of the country.

Then Americans and legal immigrants will be hired and the numbers will go up.

YOu will literally excuse anything from your orange ghod.

 

[JimH52]

YOu will literally excuse anything from your orange ghod.

Gotta protect their orange gaud....the POS.

 

[whitehall]

Typically CNN only gives a part of the story based on a few months of tariff scares and leaves out the part where the economy grows and energy prices go down and tariffs work..

 

[Blisterfinger]

Gotta protect their orange gaud....the POS.

The guy sure is doing a great job. You have egg all over your face! Dumbass

 

[Blisterfinger]

Trump was elected to screw up a growing economy and blame it on the last guy. So far so good!

Who was that last guy?

 

[JimH52]

Typically CNN only gives a part of the story based on a few months of tariff scares and leaves out the part where the economy grows and energy prices go down and tariffs work..

Where do you live. Gas has gone up 20 cents a gallon in the last week.

 

[yidnar]

And the tariff fiasco has not hit yet. Repubs don't care. Like lemmings, they will follow their Dear Leader over a cliff.

43 months Jimboy .. 43 ..

 

[Moonglow]

We fully expect illegal alien supported labor to go down as we run them out of the country.

Then Americans and legal immigrants will be hired and the numbers will go up.

When are yous applying fer them jobs?

 

[g5000]

We fully expect illegal alien supported labor to go down as we run them out of the country.

Then Americans and legal immigrants will be hired and the numbers will go up.

Nope.

Illegals do the jobs you won't do, or any other Americans.

And there are not enough legal immigrants to take up the slack. We are already too short-handed of legal immigrants. That's why farmers are forced to hire illegals.

Your grocery bills are probably going to go up.

 

[g5000]

If Powell would quit playing politics with his (the) federal reserve bank
and cut the interest rate by a 1/4%-1/2%, you would see the economy take off.
Trump is doing his part

Ah. You want inflation to come back. I seeee...

 

[theHawk]

Nope.

Illegals do the jobs you won't do, or any other Americans.

And there are not enough legal immigrants to take up the slack. We are already too short-handed of legal immigrants. That's why farmers are forced to hire illegals.

Your grocery bills are probably going to go up.

We got plenty of people on welfare that can be taken off welfare and they’ll take those jobs.

 

[HikerGuy83]

The US economy contracted in the beginning of the year at a much faster pace than previously reported, after new data factored in much weaker consumer spending.

Thank you Joe Lyin Biden.

 

[IM2]

The actual fact is, a runaway ecomomy raises inflation. After Biden's hyperinflation we needed a period of slower economic growth. That helps keep prices down.

There was no Biden hyperinflation. There was global inflation created by the pandemic.

 

[IM2]

We got plenty of people on welfare that can be taken off welfare and they’ll take those jobs.

Wrong.

 

[JWBooth]

https://www.cnn.com/2025/06/26/economy/us-gdp-q1-final

WashingtonCNN —
The US economy contracted in the beginning of the year at a much faster pace than previously reported, after new data factored in much weaker consumer spending.

Gross domestic product, the broadest measure of economic output, registered an annualized rate of -0.5% from January through March, the Commerce Department said Thursday in its third and final estimate. That’s worse than the 0.2% decline reported in the second estimate. GDP is adjusted for seasonal swings and inflation.

Well, trump's economy is certainly making a strong showing...NOT. But I am sure trump's maga supporters will spin this as a good thing.

I can understand why trump failed to cook the numbers on this news. He is too busy falsifying the Iran strike data.

Nobody said that repairing the economy after the Bidet disaster would happen overnight. Well, the annoying orange might have, but certainly no sentient being.

 

[kyzr]

Trump was elected to screw up a growing economy and blame it on the last guy. So far so good!

That makes no sense. You must be one of those low-IQ posters.