US Economy Outperforms Expectations in Key Indicators
493 sats \ 18 comments \ @TomK 25 Jul econ
GDP Growth Surges in Q2 The U.S. economy posted a remarkable 2.8% growth in Q2, surpassing the 2.0% forecast and significantly improving from the previous quarter's 1.4%.
Inflation Measures Show Mixed Signals PCE Prices rose by 2.6%, below the estimated 3.0% and down from 3.4% last quarter. Core PCE, however, increased by 2.9%, exceeding the 2.7% forecast but lower than the prior 3.7%.
Job Market Remains Steady Jobless claims totaled 235,000, slightly under the predicted 237,000 and a drop from the previous week's 243,000.
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109 sats \ 4 replies \ @Undisciplined 25 Jul
So, we have inflation matching GDP growth? I'm not sure if I've seen this month's figures yet, but most of our GDP growth has been from government spending, which really shouldn't count.
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42 sats \ 0 replies \ @TomK OP 25 Jul
Of course not. That's Brandon's last shot
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42 sats \ 2 replies \ @jp305 25 Jul
from government spending, which really shouldn't count
Justin Trudeau spilled is coffee reading this
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42 sats \ 0 replies \ @TomK OP 25 Jul
Coffee, coffein-free with fair-trade lable for the nice consumer experience of a retard
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42 sats \ 0 replies \ @Undisciplined 25 Jul
Truth hurts
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31 sats \ 1 reply \ @JesseJames 25 Jul
Riiiight.... "Figures don't lie, but liars figure" that's all I'm gonna say about that....lol
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21 sats \ 0 replies \ @TomK OP 25 Jul
You have do deal with the data the markets are served, not what we would like to see. Of course it's all commie fake
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101 sats \ 7 replies \ @BitcoinAbhi 25 Jul
USD is getting stronger than other currencies day by day. The propoganda to dedolarize the world is fake. Dollar is currently bigger than any other paper money but papers are only papers. We need Bitcoin.
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32 sats \ 5 replies \ @TomK OP 25 Jul
Last Fiat standing is the USD. Especially if they will back it with BTC
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47 sats \ 4 replies \ @BitcoinAbhi 25 Jul
US is smart. It will most probably be the first one to back its currency with Bitcoin.
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11 sats \ 3 replies \ @TomK OP 25 Jul
I love the USA. Hopefully a lot of families will change on a btc standard to prosper
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47 sats \ 2 replies \ @BitcoinAbhi 25 Jul
May be both people and state adopt Bitcoin standard some day!
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11 sats \ 1 reply \ @TomK OP 25 Jul
Yeah. But I really don't care about the state
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47 sats \ 0 replies \ @BitcoinAbhi 25 Jul
Yes, I also don't care but it will be when state adopts Bitcoin and leaves the fiat behind. Only then will be the time I and you gonna believe them.
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0 sats \ 0 replies \ @Eximpius 25 Jul
HAHAHAHAHAHAHAHAHA
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58 sats \ 1 reply \ @Athena 25 Jul
I see US should definitely do better because it's the country that's been hugely successful in creating fear in soany nations!
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42 sats \ 0 replies \ @TomK OP 25 Jul
under the right presidency and the fight against the deep state, america will return to its own interests. the time of imperial encroachment is definitely coming to an end and america is the country that is most likely to represent the free market economy. that's why i'm optimistic about the usa
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47 sats \ 0 replies \ @Satosora 25 Jul
Wow, we are doing so good. When will inflation drop, never?
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