Everything is coming up roses in the US economy, according to the TBAC....getting popcorn to enjoy the (likely) ensuing Leftwhiner sniveling....
Recent data suggest that U.S. economic growth resumed in the second quarter of 2025 and likely fully recovered from the modest headwinds that appeared in the first quarter. Monthly readings of payroll job creation were consistently stronger in the second quarter, and the unemployment rate has remained historically low at just over 4 percent. As of June, a total of 671,000 payroll jobs have been created during the first five months of this Administration. In addition, most inflation readings were stable-to-lower in the second quarter, with the exception of energy prices, which trended up against a backdrop of increased volatility. However, key drivers of inflation in recent years, such as inflation for housing and core non-energy services, continued to moderate. An expected pickup in productivity growth also should help dampen inflationary pressure. Overall, economic data for the second quarter point to stronger growth and a pick-up in job creation, coupled with signs of relatively stable inflation despite earlier concerns of a tariffs-induced increase in the price level.
Official data on real GDP growth in the second quarter will not be available until Wednesday, July 30. Nonetheless, available high-frequency data suggest that growth likely rebounded markedly in the second quarter. According to the most recent publicly available survey (the Wall Street Journal quarterly survey published on July 12, 2025), the median forecast for second-quarter GDP growth was 2.3 percent at an annual rate – a solid swing from the 0.5 percent decline in the first quarter. Meanwhile, estimates of forecasters at the 25th and 75th percentiles ranged from 1.6 percent to 2.7 percent. This survey closed on July 8, after the passage of the One Big Beautiful Act fiscal bill on July 4, as well as after President Trump’s announcement on July 7 of an extension of the delay in modifying reciprocal tariff rates (previously due to expire on July 9) until August 1. The Q1 GDP figures already produced a large increase in capital expenditures, likely the results of the retroactivity aspects of the One Big Beautiful Bill. Further gains in such outlays should provide additional positive impetus to productivity growth.
Everything is coming up roses in the US economy, according to the TBAC....getting popcorn to enjoy the (likely) ensuing Leftwhiner sniveling....
Recent data suggest that U.S. economic growth resumed in the second quarter of 2025 and likely fully recovered from the modest headwinds that appeared in the first quarter. Monthly readings of payroll job creation were consistently stronger in the second quarter, and the unemployment rate has remained historically low at just over 4 percent. As of June, a total of 671,000 payroll jobs have been created during the first five months of this Administration. In addition, most inflation readings were stable-to-lower in the second quarter, with the exception of energy prices, which trended up against a backdrop of increased volatility. However, key drivers of inflation in recent years, such as inflation for housing and core non-energy services, continued to moderate. An expected pickup in productivity growth also should help dampen inflationary pressure. Overall, economic data for the second quarter point to stronger growth and a pick-up in job creation, coupled with signs of relatively stable inflation despite earlier concerns of a tariffs-induced increase in the price level.
Official data on real GDP growth in the second quarter will not be available until Wednesday, July 30. Nonetheless, available high-frequency data suggest that growth likely rebounded markedly in the second quarter. According to the most recent publicly available survey (the Wall Street Journal quarterly survey published on July 12, 2025), the median forecast for second-quarter GDP growth was 2.3 percent at an annual rate – a solid swing from the 0.5 percent decline in the first quarter. Meanwhile, estimates of forecasters at the 25th and 75th percentiles ranged from 1.6 percent to 2.7 percent. This survey closed on July 8, after the passage of the One Big Beautiful Act fiscal bill on July 4, as well as after President Trump’s announcement on July 7 of an extension of the delay in modifying reciprocal tariff rates (previously due to expire on July 9) until August 1. The Q1 GDP figures already produced a large increase in capital expenditures, likely the results of the retroactivity aspects of the One Big Beautiful Bill. Further gains in such outlays should provide additional positive impetus to productivity growth.
Everything is coming up roses in the US economy, according to the TBAC....getting popcorn to enjoy the (likely) ensuing Leftwhiner sniveling....
Recent data suggest that U.S. economic growth resumed in the second quarter of 2025 and likely fully recovered from the modest headwinds that appeared in the first quarter. Monthly readings of payroll job creation were consistently stronger in the second quarter, and the unemployment rate has remained historically low at just over 4 percent. As of June, a total of 671,000 payroll jobs have been created during the first five months of this Administration. In addition, most inflation readings were stable-to-lower in the second quarter, with the exception of energy prices, which trended up against a backdrop of increased volatility. However, key drivers of inflation in recent years, such as inflation for housing and core non-energy services, continued to moderate. An expected pickup in productivity growth also should help dampen inflationary pressure. Overall, economic data for the second quarter point to stronger growth and a pick-up in job creation, coupled with signs of relatively stable inflation despite earlier concerns of a tariffs-induced increase in the price level.
Official data on real GDP growth in the second quarter will not be available until Wednesday, July 30. Nonetheless, available high-frequency data suggest that growth likely rebounded markedly in the second quarter. According to the most recent publicly available survey (the Wall Street Journal quarterly survey published on July 12, 2025), the median forecast for second-quarter GDP growth was 2.3 percent at an annual rate – a solid swing from the 0.5 percent decline in the first quarter. Meanwhile, estimates of forecasters at the 25th and 75th percentiles ranged from 1.6 percent to 2.7 percent. This survey closed on July 8, after the passage of the One Big Beautiful Act fiscal bill on July 4, as well as after President Trump’s announcement on July 7 of an extension of the delay in modifying reciprocal tariff rates (previously due to expire on July 9) until August 1. The Q1 GDP figures already produced a large increase in capital expenditures, likely the results of the retroactivity aspects of the One Big Beautiful Bill. Further gains in such outlays should provide additional positive impetus to productivity growth.
Everything is coming up roses in the US economy, according to the TBAC....getting popcorn to enjoy the (likely) ensuing Leftwhiner sniveling....
Recent data suggest that U.S. economic growth resumed in the second quarter of 2025 and likely fully recovered from the modest headwinds that appeared in the first quarter. Monthly readings of payroll job creation were consistently stronger in the second quarter, and the unemployment rate has remained historically low at just over 4 percent. As of June, a total of 671,000 payroll jobs have been created during the first five months of this Administration. In addition, most inflation readings were stable-to-lower in the second quarter, with the exception of energy prices, which trended up against a backdrop of increased volatility. However, key drivers of inflation in recent years, such as inflation for housing and core non-energy services, continued to moderate. An expected pickup in productivity growth also should help dampen inflationary pressure. Overall, economic data for the second quarter point to stronger growth and a pick-up in job creation, coupled with signs of relatively stable inflation despite earlier concerns of a tariffs-induced increase in the price level.
Official data on real GDP growth in the second quarter will not be available until Wednesday, July 30. Nonetheless, available high-frequency data suggest that growth likely rebounded markedly in the second quarter. According to the most recent publicly available survey (the Wall Street Journal quarterly survey published on July 12, 2025), the median forecast for second-quarter GDP growth was 2.3 percent at an annual rate – a solid swing from the 0.5 percent decline in the first quarter. Meanwhile, estimates of forecasters at the 25th and 75th percentiles ranged from 1.6 percent to 2.7 percent. This survey closed on July 8, after the passage of the One Big Beautiful Act fiscal bill on July 4, as well as after President Trump’s announcement on July 7 of an extension of the delay in modifying reciprocal tariff rates (previously due to expire on July 9) until August 1. The Q1 GDP figures already produced a large increase in capital expenditures, likely the results of the retroactivity aspects of the One Big Beautiful Bill. Further gains in such outlays should provide additional positive impetus to productivity growth.
Moreso, no one expects the kicked-to-the-curb 19% er Loser-o-crats to do anything but keep on lying, crying and denying..
The TBAC is an advisory committee governed by federal statute (the Federal Advisory Committee Act and the Government Securities Act) that meets quarterly with the Treasury Department. The TBAC's membership is comprised of senior representatives from a variety of buy and sell side institutions, such as banks, broker-dealers, asset managers, hedge funds, and insurance companies. The TBAC presents their observations to the Treasury Department on the overall strength of the U.S. economy as well as providing recommendations on a variety of technical debt management issues.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
