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chicoescuela

(2,933 posts)

6. no need to decrease interest rates then, Mr Powell

Reply to BumRushDaShow (Original post)

Thu Sep 25, 2025, 03:26 PM

Sep 2025

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Dixc Marthe48 CosmicSloth Javaman area51 IthinkThereforeIAM raccoon Rastapopoulos Doodley

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The US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported [View all] BumRushDaShow Sep 2025 OP

Sure it did. LudwigPastorius Sep 2025 #1

First thing I thought: U.S. Commerce Department is putting out these numbers, Lutnick doesn't want to be fired. sop Sep 2025 #2

If those numbers are accurate, maybe they represent spending before tariffs spooky3 Sep 2025 #3

It includes Libation Day (sp) in April, with front running & all kinds of unusual adjustments by corps to TACO. Bernardo de La Paz Sep 2025 #16

Sure, Jan. Scrivener7 Sep 2025 #4

Awful that we have to wonder if official reports and stats are trustworthy. But there's good reason. And awful that wiggs Sep 2025 #5

no need to decrease interest rates then, Mr Powell chicoescuela Sep 2025 #6

So no more interest rate cuts? Raven123 Sep 2025 #7

Has this been independently verified? greatauntoftriplets Sep 2025 #8

The data for the next ten quarters is available and waiting to be released. twodogsbarking Sep 2025 #9

Impossible Nigrum Cattus Sep 2025 #10

Go to the web site or talk to an economist. . . . . nt Bernardo de La Paz Sep 2025 #17

Wait a while johnnyfins Sep 2025 #11

Yes, the economy is artificially boosted by AI capex (data centres, energy) Bernardo de La Paz Sep 2025 #19

The real data will be Tax receipts IbogaProject Sep 2025 #29

AI Capex, while strong, is not driving GDP growth lapfog_1 Sep 2025 #53

They are moving to throw up data centres as fast as they can. There is construction, purchase of gas turbines, etc. Bernardo de La Paz Sep 2025 #57

and there's swamp land in Yuma mdbl Sep 2025 #12

Reporting anything less than 3x reality gets you fired ThoughtCriminal Sep 2025 #13

You just shat on all the career professionals there. Bernardo de La Paz Sep 2025 #18

Sure, blame our own ThreeNoSeep Sep 2025 #24

How Dare You. Insulting people you don't know over facts you don't understand. Wiz Imp Sep 2025 #31

Thank you. As if not getting fired automatically makes a worker corrupt. Bernardo de La Paz Sep 2025 #34

That's all true OrwellwasRight Sep 2025 #42

Everything he said would prevent a political appointee from juicing numbers. Bernardo de La Paz Sep 2025 #43

Thank you! You are right about everything. Wiz Imp Sep 2025 #46

The process makes it virtually impossible. Wiz Imp Sep 2025 #47

Nobody cares. Igel Sep 2025 #66

And when the reports are especially bad, like the last 2 payroll jobs reports, and the May retail sales progree Sep 2025 #67

Agreed - although I myself learned long ago that going through the mental contortions required to willfully Midwestern Democrat Sep 2025 #68

Reporting it accurately in Trump's maladministration and you are fired. travelingthrulife Sep 2025 #49

Elevated spending because costs are increased by tariffs? nilram Sep 2025 #14

LOL. "revised higher largely due to new additional data" PSPS Sep 2025 #15

For some reason, I'm sure you had no problems believing the 1st quarter GDP Wiz Imp Sep 2025 #32

In Fairness RobinA Sep 2025 #65

Does anyone trust any numbers from a Trump admin? ananda Sep 2025 #20

I no longer trust numbers from trump LetMyPeopleVote Sep 2025 #21

Hmmm lonely bird Sep 2025 #22

The reported GDP numbers are inflation-adjusted, that's why it's called "real GDP". The nominal dollar increase was a progree Sep 2025 #36

Okaaaay lonely bird Sep 2025 #45

Cool story, bro🙄nt Javaman Sep 2025 #23

I hate to sound like a conspiracy theorist, Hayabusa Sep 2025 #25

... UpInArms Sep 2025 #26

Bullshit. AltairIV Sep 2025 #27

As the members of Delta Tau Chi would say it. CentralMass Sep 2025 #28

Um! ProfessorGAC Sep 2025 #30

The reported GDP numbers are inflation-adjusted, that's why it's called "real GDP". The nominal dollar increase was 6.0% progree Sep 2025 #37

Thanks, I Missed That ProfessorGAC Sep 2025 #44

But does "inflation-adjusted," adjust for tariff increases? Doodley Sep 2025 #55

This message was self-deleted by its author progree Sep 2025 #61

New answer: Apparently not, if AI is to be believed progree Sep 2025 #62

Thank you for the info. So, tariffs could, at least partly, be distorting the numbers. Doodley Sep 2025 #64

A major reason for the increase is actually a quirk in how the GDP is calculated. Wiz Imp Sep 2025 #33

They're messing with the numbers. n/t aggiesal Sep 2025 #35

Yah right Lemon Lyman Sep 2025 #38

I don't believe it at all. CaptainTruth Sep 2025 #39

I was expecting 38%, 3800%, or 38,000,000%. So disappointing. hay rick Sep 2025 #40

I don't Rebl2 Sep 2025 #41

Just like voting, Spending boycotts only work if people participate. Hotler Sep 2025 #48

Instead of trafficking in conspiracy theories about how everything is "fake" (it's not) Wiz Imp Sep 2025 #50

Sure it did. Ocelot II Sep 2025 #51

I trust no numbers coming from this gang. Ritabert Sep 2025 #52

nice, cnn! way to spin "inflation was even higher than previously thought" as a positive thing. unblock Sep 2025 #54

The "personal consumption expenditures price index" is reportedly the Fed's favorite inflation gauge progree Sep 2025 #63

Do we believe this? No. WhiteTara Sep 2025 #56

I'm surprised they didn't report 38 percent Bristlecone Sep 2025 #58

Yeah sure kimbutgar Sep 2025 #59

I don't believe it. Paper profits, at best, outright lying and statistics manipulation at worst. /nt artemisia1 Sep 2025 #60