US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth | Crypto Craft

  • US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth

    From apnews.com

    The U.S. economy expanded at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of second-quarter growth. U.S. gross domestic product — the nation’s output of goods and services — rebounded in the spring from a 0.6% first-quarter drop caused by fallout from President Donald Trump’s trade wars, the Commerce Department said Thursday. The department had previously estimated second-quarter growth at 3.3%. The first-quarter GDP drop, the first retreat of the U.S. economy in three years, was mainly caused by a surge in imports — which are subtracted ... (full story)

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Scalper52
Sep 25, 2025 8:34am
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Wow... who'd have thought that replacing long-standing non-partisan civil servants with administration toadies would provide such positive economic data so quickly.
Reply
Twocans
Sep 25, 2025 9:13am
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Interest rates and inflation worries are always factors to consider but the National Debt somehow never seems to make any real noise while tax dollars get pissed away by fools. Imagine an economy with low rates and an expanding economy. That's what business leaders do. Non-partisan Civil Servants... that's a good one. lol With more than 3 years left this is going to become another UN 'broomstick' whipping. lol
chipsngravey
Sep 25, 2025 8:58am
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Yeah unfortunately you can't trust any data comsing from this administration any more, they'll just make the numbers up to what trump wants to see to pressure the fed into lowering interest rates so trumps loans don't cost him as much and make him look at total f$ck up, plus now you've got a trump whitehouse employee on the board!, very independant i'm sure.
Reply
Nick.
Sep 25, 2025 3:18pm
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If the numbers are so good, then why did the Fed cut rates, and why are they looking to cut again? Doesn't make any sense.
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Twocans
Sep 25, 2025 12:43pm
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Think. Gas prices down, food prices coming down, more people employed and the liberals are calling for another shutdown if they don't medical benefits for aliens. More concern about Jimmy K.'s network decisions than the 'transies' shutting down Free Speech by way of permanent elimination. Y'all may dislike Trump immensely but he knows how to run a business and turn a profit. The longer he's in office the bigger the divide becomes between the O'Biden years and what's happening under your noses whether you like it or not. The only element Biden ever produced was division along with old "O". Trump put every weak link in the UN on notice without an elevator or teleprompter and he didn't mince his words either. Give it 12 more months and don't bother checking the number of border crossings by illegals. I know its disappointing to see your voter base 'alienated'. lol
Scalper52
Sep 26, 2025 6:07am
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Quoting Trader#7A2C
This administration is screaming for much lower rates. Why exactly would they fake numbers that guarantee rates can’t go lower? It’s like this website only attracts the dumbest people. If they were going to fake data they would make everything a little worse than expected, so it would be seen as just bad enough to get low rates but not terrible.
Like this you mean?
https://www.forexfactory.com/news/13...st-rates-along
Reply
Trader#7A2C
Sep 25, 2025 9:03am
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This administration is screaming for much lower rates. Why exactly would they fake numbers that guarantee rates can’t go lower? It’s like this website only attracts the dumbest people. If they were going to fake data they would make everything a little worse than expected, so it would be seen as just bad enough to get low rates but not terrible.
Reply
objective
Sep 25, 2025 9:08am
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Feels fake
Reply
Trader#A306
Sep 25, 2025 8:46am
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This is Biden's economy.
Reply
LT51
Sep 25, 2025 8:48am
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Quoting Scalper52
Wow... who'd have thought that replacing long-standing non-partisan civil servants with administration toadies would provide such positive economic data so quickly.
Reply
Trader#94F0
Sep 25, 2025 9:21am
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Fake numbers.... Trump installed liars.
Reply
Trader#0598
Sep 25, 2025 9:36am
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Quoting Scalper52
Wow... who'd have thought that replacing long-standing non-partisan civil servants with administration toadies would provide such positive economic data so quickly.
Yeah, it's not like he created 2 million jobs or anything
Reply
Trader#2F7A
Sep 25, 2025 12:45pm
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All you cry babies want the country to fail. Sad
Reply

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