US GDP grows at 3% Trump wins againGDP is growing at 3%

[Marener]

3% wins. It beats the CBO's 1.5% assumption.

What do you get when you combine the first quarter and second quarter?

About 1.5%. Probably less actually.

 

[AntonToo]

Yes, inflation is indeed coming down in the US, but prices remain high.

It was down, now going up again (2.7% last month vs 2.4% annualized inflation rate from the month before).

Economists forecast growing inflation rates due to Trump's policies and Fed is unlikely to reduce interest rates.

 

[Winston]

The last two quarters of Trump’s first team the DGP growth average 19.6%, then tater came in and fucked it up.

Wow, could you be more stupid. Sure, after the huge drop off the previous two quarters. That growth didn't even get him above water until Q1 of 2021. Oh wait, who was president then?

 

[M14 Shooter]

+3.0%, up from Q1's +0.3%, and higher than the projected+2.6%

Winning.

 

[Winston]

What do you get when you combine the first quarter and second quarter?

About 1.5%. Probably less actually.

Exactly, that is absolutely the way you have to look at it.

And you must look at the technical notes. They really tell the story. The biggest contributor to declining investment was private inventory investment. I mean it is obvious, companies bought in inventory ahead of the possible tariffs. And when you look at the increase in consumer spending, a large part of that was private consumers reacting the very same way, just a little behind the businesses. Makes sense.

 

[Hafar1014]

It was down, now going up again (2.7% last month vs 2.4% annualized inflation rate from the month before).

Economists forecast growing inflation rates due to Trump's policies and Fed is unlikely to reduce interest rates.

What economists? Left wing progressive antyu Trump economists? The same ones who thought Bidenomics was great

 

[AntonToo]

What economists? Left wing progressive antyu Trump economists? The same ones who thought Bidenomics was great

You are straw grasping.

Why not simply look at inflation forecasts?

 

[IDIOCRACY]

Trump can thank Biden and if that doesn't work, Obama.

 

[Hafar1014]

You are straw grasping.

Why not simply look at inflation forecasts?

From who the left that in denial and thinks government spending creates the best economy. I trust the man who builds hotels. He has to dig us out of the whole Bien put us in and so far its workig. Inflation is holdover from Bidens massive spending and destructive energy policies.

 

[AntonToo]

From who the left that in denial and thinks government spending creates the best economy. I trust the man who builds hotels. He has to dig us out of the whole Bien put us in and so far its workig. Inflation is holdover from Bidens massive spending and destructive energy policies.

You sound like an idiot.

Here is my advice to you on how to fix that:

Don't be an idiot, don't post here your little politico rants and simply go read some economic inflation forecasts.

Just advice, you don't have to do any of that and you can just keep shitting yourself in public, that's fine too.

 

[Marener]

Thats because 40% was government debt based spending not capital. We have to pay that back

Point taken, but you're overstating. It was usually about 20% of GDP growth and never higher than about 30%.

It's always important to look further into the details, because the top line doesn't tell the whole story.

https://www.cnn.com/business/live-news/federal-reserve-interest-rate-07-30-25

Consumer spending, which powers about 70% of the US economy, picked up sharply in the second quarter to a 1.4% rate, up from the anemic 0.5% in the first quarter. But, combined with the previous data, it marks the two slowest quarters of spending since the pandemic.

Meanwhile, businesses slowed their spending sharply during the same period, to 1.9% from 10.3%, mostly reflecting a recalibration from the front-running earlier in the year.

And a key gauge of underlying demand in the economy — real final sales to private domestic purchasers, also referred to as “core GDP” — slowed in the second quarter to an annualized rate of 1.2%, the weakest pace since the fourth quarter of 2022, down from 1.9% earlier in the year.

“Headline numbers are hiding the economy’s true performance, which is slowing as tariffs take a bite out of activity,” Kathy Bostjancic, chief economist at Nationwide, said in commentary issued Wednesday.

“If core GDP performance continues at this pace, we expect there will be even more pressure on the Fed to lower rates as the economy slows,” she said.

 

[Luckyone]

GDP is growing at 3% inflation is down tariffs are a good thing

The nation's gross domestic product — the broadest measure of economic activity — grew at an annual rate of 3% in April, May and June, according to a report Wednesday from the Commerce Department. That's a turnaround from the three previous months when GDP contracted at a rate of 0.5%.

Both measures were somewhat distorted by big swings in international trade as businesses and consumers first braced for, then reacted to, President Trump's worldwide tariffs. Imports surged early in the year, as businesses tried to stockpile foreign goods before the tariffs took effect. That had the effect of depressing GDP in January, February and March, because imports are subtracted from the government's measure of economic activity.

All tariffs to go in effect on Friday (August 1st). From here on in, we will truly see the effects of the tariffs on our GPD.

 

[AntonToo]

“If core GDP performance continues at this pace, we expect there will be even more pressure on the Fed to lower rates as the economy slows,” she said.

Not if inflation is up at the same time.

Which is what makes stagflation so paralyzing for the Fed.

 

[Meathead]

Point taken, but you're overstating. It was usually about 20% of GDP growth and never higher than about 30%.

It's always important to look further into the details, because the top line doesn't tell the whole story.

https://www.cnn.com/business/live-news/federal-reserve-interest-rate-07-30-25

Consumer spending, which powers about 70% of the US economy, picked up sharply in the second quarter to a 1.4% rate, up from the anemic 0.5% in the first quarter.

Obviously a transition from an anaemic Biden economy to a robust Trump economy.

 

[Marener]

Not if inflation is up at the same time.

Which is what makes stagflation so paralyzing for the Fed.

I could see the Fed coming to terms with inflation if it's less than 3% and lowering rates anyway.

 

[citygator]

Moroner shows up with the lies….


Graph won’t copy, but it clearly shows you are a lying sack of shit.

Consumer Spending in the United States increased to 16350.20 USD Billion in the second quarter of 2025 from 16291.80 USD Billion in the first quarter of 2025​

United States Consumer Spending

Consumer Spending in the United States increased to 16682.50 USD Billion in the fourth quarter of 2025 from 16585.90 USD Billion in the third quarter of 2025. This page provides the latest reported value for - United States Consumer Spending - plus previous releases, historical high and low...

tradingeconomics.com

Measly 1%. We are in trouble.

 

[citygator]

Imports way up.. bwahahahaahahahahahaha

Domestic production?

 

[Marener]

Obviously a transition from an anaemic Biden economy to a robust Trump economy.

You think that 1.4% consumer spending growth is robust?

Guess what the growth was in 2024.

Guess.

 

[Meathead]

You think that 1.4% consumer spending growth is robust?

Up from 0.5, obviously.

 

[Marener]

Up from 0.5, obviously.

0.5% was abysmal. Great. It went from abysmal to bad.

That's what you're celebrating?

Guess what it was in 2024.