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Wednesday, July 30, 2025

Gross domestic product grew at an annualized pace of 3% in the second quarter, according to the Bureau of Economic Analysis's advance estimate. Economists surveyed by Bloomberg had expected a 2.6% increase.

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The reading comes after a large surge in imports ahead of President Trump's tariff whipsaw caused GDP to contract by 0.5% in the first quarter. The BEA noted that the second quarter bounce back reflected a decrease in imports, which are a subtraction in the calculation of GDP.

But in recent months, economic data has largely been better-than-feared, and recession concerns have eased. The probability investors were putting on a US recession in 2025, as tracked by popular online betting platform Polymarket, was just 17%, down from a peak of 66% on May 1.

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Posted by ScottS

These stats coming from the same man who fabricated the Epstein jail tape?

#1 | Posted by Zed at 2025-07-30 09:02 AM | Reply

"#1 | Posted by Zed"

Not only that, he is using chemicals in the water to make the gay frogs straight. Go back to Canada and enjoy you dying nation douchebag - we don't want or need your kind here.

#2 | Posted by ScottS at 2025-07-30 09:05 AM | Reply

The point that must appear front and center in any analysis of the second quarter GDP is that it follows a quarter in which GDP shrank at a 0.5 percent annual rate. This drop was driven by unusual factors " most notably a huge surge in imports that subtracted 4.66 percentage points from growth in the quarter. For this reason, most analysts downplayed the negative growth figure reported for the quarter.

However, the reasons that made the first quarter unusual on the negative side will be making the second quarter unusual on the positive side. Most obviously, we can be certain that there will be a big jump in net exports making a large positive contribution to growth in the quarter. Any honest analysis must average the two quarters together.

Weak Growth in the First Half of 2025
We will see growth somewhat over 2.0 percent in the second quarter. This would ordinarily be fine, but when this growth figure is averaged in with the drop of 0.5 percent in the first quarter, it is exceptionally weak. If the second quarter growth is 2.5 percent, it means the economy grew at an average rate of 1.0 percent in the first half of 2025, a sharp slowing from 2.8 percent rate for the full year of 2024.
cepr.net

#3 | Posted by snoofy at 2025-07-30 09:12 AM | Reply | Newsworthy 1

#2 | POSTED BY SCOTTS

You're denying that the Epstein tape that Trump released is fabricated?

That's interesting, given how obvious the fabrication is. And how all over the news the fabrication is.

But you're paid to hold the opinions you have. No one is trying to convince you.

#4 | Posted by Zed at 2025-07-30 09:41 AM | Reply

Donald Trump----

1) Cheats at golf

2) Lies about cheating at golf

3) Then brags about cheating at golf

4) Then lies about bragging about it.

Ans yet SCOTTS, in his low-level and poorly paid propagandist job, wants us to believe anything that Trump's government says because----

Well, he is getting $11.00 per hour.

#5 | Posted by Zed at 2025-07-30 09:45 AM | Reply

"You're denying that the Epstein tape that Trump released is fabricated?
#4 | Posted by Zed "

That is not even what you posted in your raetarded #1. I doubt Trump personally fabricated any tape - I doubt Trump ordered any tape to be fabricated. I also do not think Trump is fabricating GDP stats. So, your entire comment is raetarded on its face.

#6 | Posted by ScottS at 2025-07-30 09:47 AM | Reply

#6 | POSTED BY SCOTTS

But you're not denying that the tape is fabricated.

And you aren't denying that Trump is a Liar.

#7 | Posted by Zed at 2025-07-30 09:49 AM | Reply

I also do not think Trump is fabricating GDP stats.

#6 | POSTED BY SCOTTS

But you think that Trump cheats at golf?

Yes? No? Decline to say?

You and trump always lose these arguments because you can't break the Scum Barrier.

Trump's excuse is that his father emotionally abused him.

What's yours?

#8 | Posted by Zed at 2025-07-30 09:53 AM | Reply

"#8 | Posted by Zed"

Does Trump lie? - YES - all politicians do
Does Trump cheat at golf? - I am sure he does
Does Trump fabricate GDP statistics? - one would have to be an utter ---- moron to believe that.

#9 | Posted by ScottS at 2025-07-30 10:44 AM | Reply

Donald Trump----
1) Cheats at golf
Watch the caddy in the back drop a ball for Trump...

#10 | Posted by YAV at 2025-07-30 10:48 AM | Reply

Does Trump fabricate GDP statistics? - one would have to be an utter ---- moron to believe that.

#9 | POSTED BY SCOTTS

Only an ---- moron would believe that Trump WOULDN'T lie about GDP statistics.

Donald Trump has gotten everything he has by lying.

He's not going to stop because SCOTTS likes him.

#11 | Posted by Zed at 2025-07-30 11:14 AM | Reply

"But you're not denying that the (Epstein) tape is fabricated"

Thought I'd repeat that, if only for the pleasure of seeing you run away again.

Donald Trump and Donald Trump's people released an Epstein jail tape that is an obvious LIE, not because they thought that SCOTTS is too stupid to see it as a lie (although they may), but because they understand that SCOTTS needs that $11.00 an hour they pay for his soul too much to admit the obvious.

#12 | Posted by Zed at 2025-07-30 11:18 AM | Reply

So, as usual, the numbers are entirely in range with Dem performance and average performance overall ...

But now it's shout from the rooftops worthy whereas before it was low energy, what a s^%# economy worthy ...

F^*%ing idiots.

#13 | Posted by jpw at 2025-07-30 11:22 AM | Reply | Funny: 1

POSTED BY SCOTTS

Want to keep trying to break the Scum Barrier?

No scum has done so yet. You'll be famous.

#14 | Posted by Zed at 2025-07-30 11:25 AM | Reply

Pedo Lover ScottS,

Are you bragging about a 2025 annualized growth rate of only 1.25%? And based on just preliminary projections which have a history of being downgraded later under Trump?

I mean...in the last 50 years, the only times we've seen lower growth rates was under:

1. an 80's recession under Reagan
2. a 90's recession under Bush
3. a 2000 recession under Bush Jr
4. a 2008-2009 recession thanks to Bush Jr again
5. a 2020 recession under Trump

If you want to average 3% GDP growth for the year, you need to hit 4.75% annualized growth in BOTH Q3 and Q4. Good Luck with that. Even your article says we should expect a bumpy ride.

#15 | Posted by Sycophant at 2025-07-30 11:35 AM | Reply | Newsworthy 3

"So, as usual, the numbers are entirely in range with Dem performance
#13 | Posted by jpw""

That would be true if the GDP was being made possible by massively increasing government spending and flooding the nation with illegals - thereby lowering the GDP per capita.

But, Trump is doing this without booming government spending.

Oh, and the tariffs which you -------- said would bring on the Great Depression - HAVEN'T. Oh, and inflation is under the Fed target and we posted a budget surplus in June.

Stick to washing beakers ------- - this economics stuff is not meant for the ass end of a 5th tier university graduate like yourself.

#16 | Posted by ScottS at 2025-07-30 11:44 AM | Reply

#16 | POSTED BY SCOTTS

Why should anyone bother with Liars?

You have nev er answered that question.

Why should anyone bother with what Trump the Liar says?

This is what is meant by the Scum Barrier.

#17 | Posted by Zed at 2025-07-30 11:51 AM | Reply

That would be true if the GDP was being made possible by massively increasing government spending and flooding the nation with illegals - thereby lowering the GDP per capita.

But, Trump is doing this without booming government spending.

lol thanks for the laugh.

What a f^%*ing moron.

#18 | Posted by jpw at 2025-07-30 11:52 AM | Reply | Newsworthy 1

Rebound in US economic growth in second quarter masks underlying slowing trend
www.reuters.com

... Summary

- - - Second-quarter GDP increases at 3.0% rate
- - - Decrease in imports drives rebound in growth
- - - Consumer spending rises at 1.4% pace
- - - Measure of underlying growth increases at 1.2% rate

U.S. economic growth rebounded more than expected in the second quarter, but that measurement grossly overstated the economy's health as declining imports accounted for the bulk of the improvement and domestic demand increased at its slowest pace in 2-1/2 years.

Details of the Commerce Department's advance second-quarter gross domestic product report on Wednesday painted a picture of an economy that was losing steam as businesses and households grappled with uncertainty from President Donald Trump's protectionist trade policy, characterized by sweeping tariffs on imports and delays of higher duties to allow countries to negotiate trade deals with the White House.

Consumer spending, the engine of the economy, grew moderately after almost stalling in the January-March quarter. Business investment in equipment slowed sharply following double-digit growth in the prior quarter. Residential investment, which includes homebuilding and house sales via brokers' commissions, contracted for a second straight quarter. ...




#19 | Posted by LampLighter at 2025-07-30 01:21 PM | Reply

... US Q2 GDP 3% - Huge Beat ...

Huge beat? Hardly.

On the other hand, if the economy is doing so well, then the Fed should not need to cut interest rates?

#20 | Posted by LampLighter at 2025-07-30 01:31 PM | Reply

"Second-quarter GDP increases at 3.0% rate"

Which was predicted, due to pre-buying before tariffs. I bought computers, shoes, AirPods, and an iPhone. Clearly, many others were stocking up, before the new taxes kick in.

To the central point: I'm sure the third quarter won't grow at that same rate or better.

I'll take the under.

#21 | Posted by Danforth at 2025-07-30 01:40 PM | Reply


On the other hand, if the economy is doing so well, then the Fed should not need to cut interest rates?

#20 | POSTED BY LAMPLIGHTER

3% isn't well its good, but not great. Interest rate needs to be cut not for the economy but to refinance the debt so it doesn't kill the country. FFS how can people be so clueless.

#22 | Posted by oneironaut at 2025-07-30 01:42 PM | Reply

"Trump's net approval rating hits new low of second term"

thehill.com

Most people aren't fooled.

#23 | Posted by Corky at 2025-07-30 01:47 PM | Reply

@#22 ... Interest rate needs to be cut not for the economy but to refinance the debt ...

The Fed has a dual mandate, set by Congress, regarding the setting of the interest rate: strength of the labor market and inflation.

Trying to accommodate the Trump deficit is not part of the Fed's responsibility.


#24 | Posted by LampLighter at 2025-07-30 01:48 PM | Reply

IAMRUNT praised the-------------'s 15% unemployment rate. Talk about clueless.

#25 | Posted by reinheitsgebot at 2025-07-30 01:49 PM | Reply

" Interest rate needs to be cut not for the economy but to refinance the debt"

You're assuming it would sell at that price. Who's buying?

Right now, Europe and Asia are MUCH more attractive.

#26 | Posted by Danforth at 2025-07-30 01:49 PM | Reply

Interest rate needs to be cut

Does not sound like that is going to happen today.

#27 | Posted by REDIAL at 2025-07-30 01:49 PM | Reply

@#27 ... Does not sound like that is going to happen today. ...

The Fed is looking like it is beginning to lean in the direction of a rate cut.

But I agree, probably not today. Maybe September?

#28 | Posted by LampLighter at 2025-07-30 01:52 PM | Reply

No change today.

#29 | Posted by REDIAL at 2025-07-30 02:04 PM | Reply

Which was predicted, due to pre-buying before tariffs. I bought computers, shoes, AirPods, and an iPhone. Clearly, many others were stocking up, before the new taxes kick in.

That's the "Christmas in July" due to fear about tariffs and what's going to happen as the year goes on. So far we've bumbled along because of TACO Don. Bond markets are extremely wary - with long term not looking favorable.

#30 | Posted by YAV at 2025-07-30 02:12 PM | Reply

Trump is doing this without booming government spending.

^
Trump just spent $1B to "refurbish" a "free" airplane.

#31 | Posted by snoofy at 2025-07-30 03:16 PM | Reply

Trump just spent $1B to "refurbish" a "free" airplane.
#31 | Posted by snoofy

It's not spent, it's allocated.

Didn't Doge teach you anything.

#32 | Posted by oneironaut at 2025-07-30 03:22 PM | Reply

It's not spent, it's allocated.

Re-allocated. They stole it from the ICBM budget.

#33 | Posted by REDIAL at 2025-07-30 03:49 PM | Reply


Re-allocated. They stole it from the ICBM budget.
#33 | POSTED BY REDIAL

Oh even better.

#34 | Posted by oneironaut at 2025-07-30 04:15 PM | Reply


Re-allocated. They stole it from the ICBM budget.
#33 | POSTED BY REDIAL

Where's the other $600Million snoofy's talking about coming from?

#35 | Posted by oneironaut at 2025-07-30 04:16 PM | Reply

This is hilarious. See ya in December!

#36 | Posted by LegallyYourDead at 2025-07-30 10:16 PM | Reply

Trump just spent $1B to "refurbish" a "free" airplane.
#31 | Posted by snoofy
It's not spent, it's allocated.
Didn't Doge teach you anything.

#32 | Posted by oneironaut

Exactly.

So we should expect to spend more than $1 billion.

#37 | Posted by Sycophant at 2025-07-30 10:49 PM | Reply

You -------- whining that interest rates should not be cut as we have strong economic growth are the dumbest of the dumb. As I have stated many times - the rate cut is to lower the cost of financing the $36T we have in debt, not to stimulate the economy. Democrats wanting rates to remain high because they think cutting them will stimulate the economy and thereby benefit Trump are simply unpatriotic -------- that want to harm taxpayers because they think it helps 'their team'. You are everything wrong with the US now and a major part of the reason why the ------- Democrat party is at 19% approval and falling. Everything is about power with you people - you have ZERO interest in making the lives of US citizens better - and the public is now well aware of this fact.

#38 | Posted by ScottS at 2025-07-30 11:28 PM | Reply

But, thankfully Trump is shining a giant mirror on you.

In the mid-terms, Dems will need to explain why they are fighting to keep violent illegal alien gang members on the street along with hordes of homeless drug addicts (kept high by liberal handouts and injection/smoking kits) and the mentally ill. One party is trying to improve the quality of life and one is trying to destroy it.

#39 | Posted by ScottS at 2025-07-30 11:30 PM | Reply

the rate cut is to lower the cost of financing the $36T we have in debt

Not part of the Fed's mandate.

#40 | Posted by REDIAL at 2025-07-30 11:37 PM | Reply

"#40 | Posted by REDIAL"

The Fed mandate is for unemployment and inflation. Unemployment is fine and inflation is under their target - as such, there is no reason to hold rates at an artificially high level. Now, if you want to start talking about their 'mandate' - then explain them cutting 3 times under Biden when inflation was MUCH higher. Just how bad was Biden's economy whereby it needed 3 cuts and was still ----?

Then again, I better not ask a Snow Mexican as your f'ed up country has not had a real increase in GDP per Capita in the last 15 years. So, the last thing we need is your economic 'knowledge'.

#41 | Posted by ScottS at 2025-07-30 11:43 PM | Reply

The Fed mandate is for unemployment and inflation.

Exactly.

#42 | Posted by REDIAL at 2025-07-30 11:46 PM | Reply

Per the Fed's actual mandate: maximum employment, stable prices, and moderate long-term interest rates

Right now, the yield curve is inverted due to the Fed's artificially high near term rates - thereby violating their own mandate.

#43 | Posted by ScottS at 2025-07-30 11:54 PM | Reply

LOL s*&^S is back for some more a&& whoopin'?

#44 | Posted by jpw at 2025-07-31 12:29 AM | Reply

n the mid-terms, Dems will need to explain why they are fighting to keep violent illegal alien gang members on the street

Given ICE's reluctance to go after criminals and to target peaceful non-criminal migrants, Id' say this is your cross to bear, s*&&bag.

#45 | Posted by jpw at 2025-07-31 12:31 AM | Reply

3% growth over a quarter is quite good, but we are talking about one quarter. Let's see what the numbers are after 4 quarters. I don't possess a crystal ball so I'll have to wait.

#46 | Posted by BellRinger at 2025-07-31 12:38 AM | Reply

I don't possess a crystal ball so I'll have to wait.

Exactly what the Fed is doing. Jobs report out on Friday, so more data then. Lewzer has to kick the tariff can down the road again before that.

#47 | Posted by REDIAL at 2025-07-31 12:41 AM | Reply

3% growth over a quarter is quite good

lol it's the upper limit of normal.

The Trump stooge are trying really hard to make average appear awesome.

#48 | Posted by jpw at 2025-07-31 12:56 AM | Reply | Newsworthy 1

"3% growth over a quarter is quite good
#46 | Posted by BellRinger"

On its own - it is VERY good. Considering the Eurozone is basically moving along at 0.1% - the US is kicking the asses of the Eurotrash.

#49 | Posted by ScottS at 2025-07-31 02:07 AM | Reply

LOL y'all are describing the Biden economy without even realizing it.

You. Are. F*&^ing. Stupid.

#50 | Posted by jpw at 2025-07-31 02:26 AM | Reply

"LOL y'all are describing the Biden economy without even realizing it.
#50 | Posted by jpw"

Nobody is talking about decreasing real wages and sky high inflation - so, nobody is talking about Biden's economy...well, other than me stating he had 3 rate cuts in 2024 because it was in such ---- condition along with massive increases in government spending to post fake GDP growth.

#51 | Posted by ScottS at 2025-07-31 02:35 AM | Reply

Yeah! Let's talk about Trump's and the pandemic's fallout that Biden inherited (as usual, GOP POTUS inherits good economy and hands off a steaming pile of s^%# ... ) while ignoring the economy after that gets fixed by a Dem POTUS and handed back to the same idiot who can't lead his way out of a wet paper bag.

A leader you're, of course, enamored with because you're an idiot.

#52 | Posted by jpw at 2025-07-31 09:28 AM | Reply

"#52 | Posted by jpw"

You mean the pandemic caused by dipshit beaker washers like yourself that were too stupid to wash their hands before leaving the lab? You know - the one where Joe Biden was handed multiple working vaccines on day one but then went on to have 2x more people die on his watch than died under Trump despite being handed those vaccines and a year 1+ of treatment knowledge?

Yeah, real bang up job there dipshit. Probably why when Americans were presented the 2 economic track records, they resoundingly rejected your potato brained pedophile to the point that the Dems were forced to pull him and then try to assassinate Trump multiple times to remain in power.

#53 | Posted by ScottS at 2025-07-31 10:27 AM | Reply

Not surprisingly, you've got nothing but noise machine bukks^%# for a response.

Because you're an idiot easily duped and led.

#54 | Posted by jpw at 2025-07-31 11:21 AM | Reply

"3% growth over a quarter is quite good"

Taken in isolation, I guess.
But the economy doesn't exist in a vacuum.
How much was growth in the first two quarters?

#55 | Posted by snoofy at 2025-07-31 11:26 AM | Reply

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