More bad news for the brainless Leftist Democrats: US economy grows at fastest pace in nearly two years as spending roars back

Truth Detector

Truth Detector

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Leftists will be saddened by all this good economic news. After all, they hate economic success, facts, reduced crime and secured borders.

US economy grows at fastest pace in nearly two years as spending roars back​

Fresh government data showed the US economy grew at a much stronger pace than initially estimated – news that dented hopes the Federal Reserve’s will cut rates aggressively in the months ahead.

Gross domestic product, which measures spending on goods and services, expanded at a 3.8% annual pace in the second quarter, according to a final estimate from the Commerce Department.

That marked the fastest pace in nearly two years, after an outsize upward adjustment from an initial 3% estimate and later revision to 3.3%.

It was driven by a boom in consumer spending, which increased 2.5% – far above the previous 1.6% estimate and the 0.6% rate in the first quarter.

Stephen Miran, the new Trump-appointed Fed member, earlier in the day called for a rapid series of 50-basis-point cuts, arguing that current restrictive policy can leave the economy “more vulnerable to downside shocks.”

nypost.com

US economy grows at fastest pace in nearly two years as spending roars back

Gross domestic product increased at an upwardly revised 3.8% annualized rate last quarter. GDP growth previously was estimated at 3.3%.
nypost.com nypost.com
 
Poor Poopiehead doesn't know we are currently in the fourth quarter so revisions to the second quarter don't reflect current economic activity.

Here is the actual report rather than Fox News take on it.

The report also revised the first quarter to -0.6%.

The report then says this.
Compared to the first quarter, the upturn in real GDP in the second quarter primarily reflected a
downturn in imports and an acceleration in consumer spending that were partly offset by a downturn in
investment.

The largest contribution to the increase was due to the drop in imports while at the same time the drop in exports subtracted from GDP. Screenshot 2025-10-01 092918.png
 
Poor Richard Saunders said:
Poor Poopiehead doesn't know we are currently in the fourth quarter so revisions to the second quarter don't reflect current economic activity.

Here is the actual report rather than Fox News take on it.

The report also revised the first quarter to -0.6%.

The report then says this.
Compared to the first quarter, the upturn in real GDP in the second quarter primarily reflected a
downturn in imports and an acceleration in consumer spending that were partly offset by a downturn in
investment.

The largest contribution to the increase was due to the drop in imports while at the same time the drop in exports subtracted from GDP. View attachment 61099
Click to expand...
:lolup: Moron can't read a graph. :laugh:
 
Poor Richard Saunders said:
Poor Poopiehead doesn't know we are currently in the fourth quarter so revisions to the second quarter don't reflect current economic activity.

Here is the actual report rather than Fox News take on it.

The report also revised the first quarter to -0.6%.

The report then says this.
Compared to the first quarter, the upturn in real GDP in the second quarter primarily reflected a
downturn in imports and an acceleration in consumer spending that were partly offset by a downturn in
investment.

The largest contribution to the increase was due to the drop in imports while at the same time the drop in exports subtracted from GDP. View attachment 61099
Click to expand...
Stock market must be crashing on your newz.
 
Poor Richard Saunders said:
Poor Poopiehead doesn't know we are currently in the fourth quarter so revisions to the second quarter don't reflect current economic activity.

Here is the actual report rather than Fox News take on it.

The report also revised the first quarter to -0.6%.

The report then says this.
Compared to the first quarter, the upturn in real GDP in the second quarter primarily reflected a
downturn in imports and an acceleration in consumer spending that were partly offset by a downturn in
investment.

The largest contribution to the increase was due to the drop in imports while at the same time the drop in exports subtracted from GDP. View attachment 61099
Click to expand...
You are citing predictions', while the OP ism citing the VERIFIED NUMBERS from Q2.


Try to keep up.
 
Truth Detector said:
Gosh, I guess you think that flailing and deflecting like a brainless moron is a good idea. :palm:
Click to expand...
I'm not the one here promoting old economic news as good news. But keep on being your usual poopiehead.

How are grocery prices this week compared to when Biden was in office?
Eggs are down, just about everything else is up.
 
Poor Richard Saunders said:
I'm not the one here promoting old economic news as good news. But keep on I'm being your my usual poopiehead.
Click to expand...

Says rhe brainless moron using old news. You really are too stupid for words halfwit, :palm:

Poor Richard Saunders said:
How are grocery prices this week compared to when Biden was in office?
Click to expand...

:lolup: Moron thinks that after Bidens 9% inflation rates prices come back to where they were. You really are a dotard. No wonder you voted for Kamala.

Poor Richard Saunders said:
Eggs are down, just about everything else is up.
Click to expand...

Wrong as usual. Gas prices are down. When energy prices come down, everything else follows. You'll see ignorant little man. But I am sure you'll find something else to whine, cry and flail about.

The best thing is that wages are going up. Cry harder little dotard.

ME:
200.webp


WHINEY POOPIE HEAD:
200.webp


ME:
haha.gif
 
Truth Detector said:
Says rhe brainless moron using old news. You really are too stupid for words halfwit, :palm:
Click to expand...
Wow. The ADP report this week is old news? That would be much more current than a report on the second quarter which would have seen revisions this week if the government had released the latest report.
Truth Detector said:
:lolup: Moron thinks that after Bidens 9% inflation rates prices come back to where they were. You really are a dotard. No wonder you voted for Kamala.
Click to expand...
Poopiehead doesn't realize the prices are up from when Biden was in office.
Truth Detector said:
Wrong as usual. Gas prices are down. When energy prices come down, everything else follows. You'll see ignorant little man. But I am sure you'll find something else to whine, cry and flail about.
Click to expand...
The funny thing is is that grocery stores don't stock their shelves with gas. But Poopiehead doesn't seem to know that.
Truth Detector said:
The best thing is that wages are going up. Cry harder little dotard.
Click to expand...
Wages are going up as jobs are being lost. Poopiehead doesn't seem to understand what that means.
 
Poor Richard Saunders said:
Wow. The ADP report this week is old news? That would be much more current than a report on the second quarter which would have seen revisions this week if the government had released the latest report.
Click to expand...

The report you don't know how to read or comprehend halfwit.

Poor Richard Saunders said:
I'm a Poopiehead who doesn't realize the prices are up from when Biden was in office.
Click to expand...

Indeed!

Poor Richard Saunders said:
The funny thing is is that grocery stores don't stock their shelves with gas. But Poopiehead doesn't seem to know that.
Click to expand...

:lolup: Moron doesn't think that transportation and distribution is a major cost for groceries. :laugh:

Poor Richard Saunders said:
Wages are going up as jobs are being lost. Poopiehead doesn't seem to understand what that means.
Click to expand...

Jobs aren't being lost brainless halfwit. Why all the stupid lies? Does America doing better trigger tiny little brains like yours? :laugh:
 
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