Increased 8imnvestment and consumer spending.
Boom!
Boom!
Where's That Damned Recession? US Economy Grew at 3.3% growth rate in Q2-better than first reported
- Thread starter Grokmaster
- Start date
Matt Dillon
Semolina comes from wheat
Activist judges are doing all they can to do damage to the economy.Revised numbers show that the US economic juggernaut grew at a stronger, but still sustainable 3.3% rate in Q2 2025, with inflation staying basically level..."the headline PCE price index edged lower to 2%, in line with the Fed’s inflation goal."
( In Central Indiana ) :Eggs = 2.51 per dozen grade A large; mile = 2.5 per gallon of 2%; chicken= $ 1.99-2.99 per lb. bnlss, skinless breasts; tomatoes= .99 per pound d of Romas; bacon= $ 3.99 [per pound; pork loin = $ 1.99 per pound....beef still high...
How sweet it is ! The economy just won't give the 19%ers the recession they have been begging for....
U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought
- Gross domestic product rose at a 3.3% annualized pace in the April-through-June period, the Commerce Department reported.
- The reading was better than the initial 3.0% estimate as well as the 3.1% Dow Jones consensus forecast, as consumer spending helped push the number higher.
The U.S. economy grew at a pace that was faster than expected in the second quarter as consumers and businesses held up against tariff volatility.
Gross domestic product rose at a 3.3% annualized pace in the April-through-June period, the Commerce Department reported Thursday in its second estimate for the most encompassing measure of economic activity. The reading was better than an initial 3.0% estimate as well as the 3.1% Dow Jones consensus forecas
Consumer spending, which rose by 1.6% compared with an initial 1.4% estimate, helped push the number higher.
Importantly, a measure called final sales to private domestic purchasers jumped 1.9%, up from the previous figure of 1.2%. Federal Reserve officials watch that metric closely as an indication of demand and sales that focuses on activity within U.S. borders, an especially important measure considering the uncertain impact of President Donald Trump’s tariffs.
The GDP number also reflected the unusual impact of the tariffs as they related to trade numbers.
Imports, which subtract from GDP, tumbled 29.8% in the quarter after companies stockpiled ahead of Trump’s April 2 “liberation day” announcement. The figure was a bit less than the previous estimate of 30.3%.
At the same time, exports, which add to GDP, fell by 1.3%, compared with the previous estimate of -1.8%. Taking the figures together, net exports added nearly 5 percentage points to the Q2 total.
~ Inflation-related estimates were little changed from the initial reading. Core personal consumption expenditures prices, which exclude the volatile food and energy categories, rose 2.5%, unchanged from the prior figure, while the headline PCE price index edged lower to 2%, in line with the Fed’s inflation goal.
Without a doubt.
Matt Dillon
Semolina comes from wheat
They'll get overruled, but..
There needs to be a fast-track to impeaching them when they do illegal stuff like this.
Matt Dillon
Semolina comes from wheat
Trump is setting a foundation for the economy to boom.
Nobody's talking about it, but we need to get the local governments' boots off our necks, too.
Insanely high taxes, quadrupled if it's rental property. That's why rent and housing is so high.
If you rent a place, the government makes twice as much on it as you do.
Out of a year, the government takes 8 mos rent from a landlord, landlord gets 4, but has to do maintenance, too.
Nobody's talking about it, but we need to get the local governments' boots off our necks, too.
Insanely high taxes, quadrupled if it's rental property. That's why rent and housing is so high.
If you rent a place, the government makes twice as much on it as you do.
Out of a year, the government takes 8 mos rent from a landlord, landlord gets 4, but has to do maintenance, too.
It won't outlast buildings I have constructed fucktard. Your shit is obsolete.
Into the Night
Verified User
In what? Whining?
Your whining produces no benefit to society.
The car you drive was not built by PhDs.
The light fixture you light was not built by PhDs.
The food you eat was not raised by PhDs.
Your computer. Your food. Your water. Your sewer. Your communications lines. Your car. Your clothes. All brought to you by people with no PhDs, and you wouldn't have ANY of it without those people.
Into the Night
Verified User
Okay.
Shut off your water.
Shut off your electricity.
Never flush your toilet again.
Never order anything from Amazon.
Never buy anything at the grocery store again.
Never call the plumber again.
Never call an electrician again.
Never drive your car again.
Never call a cop or dial 911 again.
Never go out to eat again.
Such people that provide these services are 'beneath' you and discard-able.
Into the Night
Verified User
Yes you did, Dumber. DON'T TRY TO DENY YOUR OWN POSTS!
...and what work to you claim THAT to be, Dumber?
Into the Night
Verified User
What type of buildings to you construct?
Good for you, fucktard. We need buildings. I’m sure you did it all by yourself, too. Did you leap it when you were done?
Trump is setting the foundation for nothing. The signals for the near future aren’t looking great. But, we’ll see, won’t we?Trump is setting a foundation for the economy to boom.
Nobody's talking about it, but we need to get the local governments' boots off our necks, too.
Insanely high taxes, quadrupled if it's rental property. That's why rent and housing is so high.
If you rent a place, the government makes twice as much on it as you do.
Out of a year, the government takes 8 mos rent from a landlord, landlord gets 4, but has to do maintenance, too.
Prove your claim about the econo numbers.
The kind that last