US economy grew at 3% rate in second quarter
- Thread starter Silkk
- Start date
Child_Of_God
Vice City 2026
And the growth is only in the state gov sector as well as retail, teaching and healthcare. Every other job sector has seen a sharpe decrease in hiring. 
It's been bad breh
Market has been doing good, unemployment rate is still low.
U.S. gross domestic product, or GDP, increased at a 3% annualized rate over three months ending in June. The figure marked a sharp acceleration from an annualized contraction of -0.5% over the first three months of 2025.
The reading amounted to sturdy economic growth, suggesting the economy has continued to avert a significant tariff-induced cooldown. A boost in consumer spending helped propel the economic surge, the U.S. Commerce Department said.
To some degree, however, Trump’s levies have blurred the GDP findings.
The government's GDP formula subtracts imports in an effort to exclude foreign production from the calculation of total goods and services. Changes in the reading on this account reveal neither underlying economic weakness nor strength.
The measure of the GDP fell over the first three months of the year, largely due to a surge of imports as firms stockpiled inventory to avoid far-reaching tariffs. Conversely, a drop-off in imports over the second quarter may have inflated the second-quarter GDP figure.
The GDP growth "primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP," the U.S. Commerce Department said on Wednesday.
The U.S. economy so far has largely defied fears of a tariff-induced downturn.
The unemployment rate stands near a historically low level and job growth remains robust, though it has slowed from previous highs. Inflation has climbed over the last two months but it remains below where it stood when Trump took office.
In the months following Trump’s “Liberation Day” tariffs, in April, consumer sentiment declined to its lowest level in years, raising concern about a possible pullback in consumer spending, which accounts for about two-thirds of economic activity.
Trade Representative Jamieson Greer speaks next to Treasury Secretary Scott Bessent during a press conference after trade talks between the U.S. and China concluded, in Stockholm, Sweden, July 29, 2025.
Magnus Lejhall/TT News Agency via Reuters
Consumer sentiment has ticked up for two consecutive months, however, as Trump has rolled back some of his steepest tariffs. Consumer spending has proven fairly resilient.
Wednesday's fresh GDP data arrived hours before the Federal Reserve is set to announce its latest decision on interest rates.
An overwhelming 97% of investors believe interest rates will hold steady, according to the CME FedWatch Tool, a measure of market sentiment.
In theory, sturdy economic growth eases pressure on the Fed to lower interest rates, since consumers and businesses appear undeterred by high borrowing costs. If growth begins to slow, the Fed could seek to lower interest rates as a means of boosting economic performance.
The Fed has adopted a wait-and-see approach as it continues to observe the effects of Trump's tariffs.
“Despite elevated uncertainty, the economy is in a solid position,” Fed Chair Jerome Powell said at a press conference in Washington, D.C., last month.
abcnews.go.com
Used ABC-Disney link, so I don't get accused of being MAGA.
US economy grew more than expected as Trump's tariffs took hold
The U.S. economy expanded more than expected as President Donald Trump’s tariffs took hold over recent months, federal government data on Wednesday showed.U.S. gross domestic product, or GDP, increased at a 3% annualized rate over three months ending in June. The figure marked a sharp acceleration from an annualized contraction of -0.5% over the first three months of 2025.
The reading amounted to sturdy economic growth, suggesting the economy has continued to avert a significant tariff-induced cooldown. A boost in consumer spending helped propel the economic surge, the U.S. Commerce Department said.
To some degree, however, Trump’s levies have blurred the GDP findings.
The government's GDP formula subtracts imports in an effort to exclude foreign production from the calculation of total goods and services. Changes in the reading on this account reveal neither underlying economic weakness nor strength.
The measure of the GDP fell over the first three months of the year, largely due to a surge of imports as firms stockpiled inventory to avoid far-reaching tariffs. Conversely, a drop-off in imports over the second quarter may have inflated the second-quarter GDP figure.
The GDP growth "primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP," the U.S. Commerce Department said on Wednesday.
The U.S. economy so far has largely defied fears of a tariff-induced downturn.
The unemployment rate stands near a historically low level and job growth remains robust, though it has slowed from previous highs. Inflation has climbed over the last two months but it remains below where it stood when Trump took office.
MORE: What do Trump's recent trade agreements mean for the economy?
In the months following Trump’s “Liberation Day” tariffs, in April, consumer sentiment declined to its lowest level in years, raising concern about a possible pullback in consumer spending, which accounts for about two-thirds of economic activity.
Trade Representative Jamieson Greer speaks next to Treasury Secretary Scott Bessent during a press conference after trade talks between the U.S. and China concluded, in Stockholm, Sweden, July 29, 2025.
Magnus Lejhall/TT News Agency via Reuters
Consumer sentiment has ticked up for two consecutive months, however, as Trump has rolled back some of his steepest tariffs. Consumer spending has proven fairly resilient.
Wednesday's fresh GDP data arrived hours before the Federal Reserve is set to announce its latest decision on interest rates.
An overwhelming 97% of investors believe interest rates will hold steady, according to the CME FedWatch Tool, a measure of market sentiment.
MORE: Trump admin live updates: Trump says he's trying to get Middle East 'straightened out'
In theory, sturdy economic growth eases pressure on the Fed to lower interest rates, since consumers and businesses appear undeterred by high borrowing costs. If growth begins to slow, the Fed could seek to lower interest rates as a means of boosting economic performance.
The Fed has adopted a wait-and-see approach as it continues to observe the effects of Trump's tariffs.
“Despite elevated uncertainty, the economy is in a solid position,” Fed Chair Jerome Powell said at a press conference in Washington, D.C., last month.
US economy grew more than expected as Trump's tariffs took hold
The U.S. economy has largely defied fears of a tariff-induced downturn.
abcnews.go.com
Used ABC-Disney link, so I don't get accused of being MAGA.
Child_Of_God
Vice City 2026
Lol at you actually believing this.Market has been doing good, unemployment rate is still low.
US economy grew more than expected as Trump's tariffs took hold
The U.S. economy expanded more than expected as President Donald Trump’s tariffs took hold over recent months, federal government data on Wednesday showed.
U.S. gross domestic product, or GDP, increased at a 3% annualized rate over three months ending in June. The figure marked a sharp acceleration from an annualized contraction of -0.5% over the first three months of 2025.
The reading amounted to sturdy economic growth, suggesting the economy has continued to avert a significant tariff-induced cooldown. A boost in consumer spending helped propel the economic surge, the U.S. Commerce Department said.
To some degree, however, Trump’s levies have blurred the GDP findings.
The government's GDP formula subtracts imports in an effort to exclude foreign production from the calculation of total goods and services. Changes in the reading on this account reveal neither underlying economic weakness nor strength.
The measure of the GDP fell over the first three months of the year, largely due to a surge of imports as firms stockpiled inventory to avoid far-reaching tariffs. Conversely, a drop-off in imports over the second quarter may have inflated the second-quarter GDP figure.
The GDP growth "primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP," the U.S. Commerce Department said on Wednesday.
The U.S. economy so far has largely defied fears of a tariff-induced downturn.
The unemployment rate stands near a historically low level and job growth remains robust, though it has slowed from previous highs. Inflation has climbed over the last two months but it remains below where it stood when Trump took office.
MORE: What do Trump's recent trade agreements mean for the economy?
In the months following Trump’s “Liberation Day” tariffs, in April, consumer sentiment declined to its lowest level in years, raising concern about a possible pullback in consumer spending, which accounts for about two-thirds of economic activity.
Trade Representative Jamieson Greer speaks next to Treasury Secretary Scott Bessent during a press conference after trade talks between the U.S. and China concluded, in Stockholm, Sweden, July 29, 2025.
Magnus Lejhall/TT News Agency via Reuters
Consumer sentiment has ticked up for two consecutive months, however, as Trump has rolled back some of his steepest tariffs. Consumer spending has proven fairly resilient.
Wednesday's fresh GDP data arrived hours before the Federal Reserve is set to announce its latest decision on interest rates.
An overwhelming 97% of investors believe interest rates will hold steady, according to the CME FedWatch Tool, a measure of market sentiment.
MORE: Trump admin live updates: Trump says he's trying to get Middle East 'straightened out'
In theory, sturdy economic growth eases pressure on the Fed to lower interest rates, since consumers and businesses appear undeterred by high borrowing costs. If growth begins to slow, the Fed could seek to lower interest rates as a means of boosting economic performance.
The Fed has adopted a wait-and-see approach as it continues to observe the effects of Trump's tariffs.
“Despite elevated uncertainty, the economy is in a solid position,” Fed Chair Jerome Powell said at a press conference in Washington, D.C., last month.
US economy grew more than expected as Trump's tariffs took hold
The U.S. economy has largely defied fears of a tariff-induced downturn.
Used ABC-Disney link, so I don't get accused of being MAGA.
It’s been known that Trump and the gov are fudging the numbers to make the economy look great.
Market has been doing good, unemployment rate is still low.
US economy grew more than expected as Trump's tariffs took hold
The U.S. economy expanded more than expected as President Donald Trump’s tariffs took hold over recent months, federal government data on Wednesday showed.
U.S. gross domestic product, or GDP, increased at a 3% annualized rate over three months ending in June. The figure marked a sharp acceleration from an annualized contraction of -0.5% over the first three months of 2025.
The reading amounted to sturdy economic growth, suggesting the economy has continued to avert a significant tariff-induced cooldown. A boost in consumer spending helped propel the economic surge, the U.S. Commerce Department said.
To some degree, however, Trump’s levies have blurred the GDP findings.
The government's GDP formula subtracts imports in an effort to exclude foreign production from the calculation of total goods and services. Changes in the reading on this account reveal neither underlying economic weakness nor strength.
The measure of the GDP fell over the first three months of the year, largely due to a surge of imports as firms stockpiled inventory to avoid far-reaching tariffs. Conversely, a drop-off in imports over the second quarter may have inflated the second-quarter GDP figure.
The GDP growth "primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP," the U.S. Commerce Department said on Wednesday.
The U.S. economy so far has largely defied fears of a tariff-induced downturn.
The unemployment rate stands near a historically low level and job growth remains robust, though it has slowed from previous highs. Inflation has climbed over the last two months but it remains below where it stood when Trump took office.
MORE: What do Trump's recent trade agreements mean for the economy?
In the months following Trump’s “Liberation Day” tariffs, in April, consumer sentiment declined to its lowest level in years, raising concern about a possible pullback in consumer spending, which accounts for about two-thirds of economic activity.
Trade Representative Jamieson Greer speaks next to Treasury Secretary Scott Bessent during a press conference after trade talks between the U.S. and China concluded, in Stockholm, Sweden, July 29, 2025.
Magnus Lejhall/TT News Agency via Reuters
Consumer sentiment has ticked up for two consecutive months, however, as Trump has rolled back some of his steepest tariffs. Consumer spending has proven fairly resilient.
Wednesday's fresh GDP data arrived hours before the Federal Reserve is set to announce its latest decision on interest rates.
An overwhelming 97% of investors believe interest rates will hold steady, according to the CME FedWatch Tool, a measure of market sentiment.
MORE: Trump admin live updates: Trump says he's trying to get Middle East 'straightened out'
In theory, sturdy economic growth eases pressure on the Fed to lower interest rates, since consumers and businesses appear undeterred by high borrowing costs. If growth begins to slow, the Fed could seek to lower interest rates as a means of boosting economic performance.
The Fed has adopted a wait-and-see approach as it continues to observe the effects of Trump's tariffs.
“Despite elevated uncertainty, the economy is in a solid position,” Fed Chair Jerome Powell said at a press conference in Washington, D.C., last month.
US economy grew more than expected as Trump's tariffs took hold
The U.S. economy has largely defied fears of a tariff-induced downturn.
Used ABC-Disney link, so I don't get accused of being MAGA.
I remember when they said this during Biden's term and people said they didn't want to hear it.
Teaching is growing? Wow. I am surprised.And the growth is only in the state gov sector as well as retail, teaching and healthcare. Every other job sector has seen a sharpe decrease in hiring.
I thought teachers was getting laid off from them cutting the DOE?And the growth is only in the state gov sector as well as retail, teaching and healthcare. Every other job sector has seen a sharpe decrease in hiring.
No it didn't. More Trump shady bookkeeping.
Child_Of_God
Vice City 2026
I haven’t heard anything about that. I know most schools are pretty desperate for teachers right now.
Lol at you actually believing this.
It’s been known that Trump and the gov are fudging the numbers to make the economy look great.
I'm experiencing it. My wealthfront account has been doing great.
Not attributing it to Trump, but what I am asking is when is the economy going to collapse because of him? we 9 months into the year. The Coli said within his first few months the country was going to go to hell in a handbasket.
He has only been in 7 months and inflation is up due to him instituting a backdoor national sales tax by placing tariffs on imported goods. The clown is cooking the books and it is basically a ponzi scheme economy he is running.
Richard Glidewell
Yall done tore all the bottom of ya shoes w/me!!!
RELEASE THE EPSTEIN FILES......
beenz
Rap Guerilla
the stock market has been on 
the last few weeks, but I'm not sure if that's an indication of how the average person is doing. we all know that the top 1% holds like 90% of all stocks in existence.
the last few weeks, but I'm not sure if that's an indication of how the average person is doing. we all know that the top 1% holds like 90% of all stocks in existence.
