The U.S. economy contracts!

[BLMFem]

Win after win after win!

 

The U.S. economy contracts!

https://tradingeconomics.com/united-states/gdp-growth

 

"The U.S. economy contracted at an annualized rate of 0.3% in the first quarter of 2025, marking the first decline since the first quarter of 2022. This was a sharp reversal from 2.4% growth in the previous quarter and came in below market expectations of 0.3% growth, according to an advance estimate. A 41.3% surge in imports contributed to the slowdown, as businesses and consumers rushed to stockpile goods in anticipation of higher costs following a series of tariff announcements by the Trump administration. Consumer spending growth also cooled to 1.8%, the slowest pace since Q2 2023, while federal government expenditures fell 5.1%, the steepest drop since Q1 2022."

[Harrisfan]

1 minute ago, BLMFem said:

Win after win after win!

 

The U.S. economy contracts!

https://tradingeconomics.com/united-states/gdp-growth

 

"The U.S. economy contracted at an annualized rate of 0.3% in the first quarter of 2025, marking the first decline since the first quarter of 2022. This was a sharp reversal from 2.4% growth in the previous quarter and came in below market expectations of 0.3% growth, according to an advance estimate. A 41.3% surge in imports contributed to the slowdown, as businesses and consumers rushed to stockpile goods in anticipation of higher costs following a series of tariff announcements by the Trump administration. Consumer spending growth also cooled to 1.8%, the slowest pace since Q2 2023, while federal government expenditures fell 5.1%, the steepest drop since Q1 2022."

That's good news.

[BLMFem]

2 minutes ago, Harrisfan said:

That's good news.

OK Susan, if you say so.

[Harrisfan]

1 minute ago, BLMFem said:

OK Susan, if you say so.

Ok Mary.

[placeholder]

How long will it take before Trumpists claim that the figures are fake. You know, like the stolen election.

 

[BLMFem]

Just now, placeholder said:

How long will it take before Trumpists claim that the figures are fake. You know, like the stolen election.

 

One MAGA cultist has already replied that this is good news, so I'm guessing that's what they're going with.

Apparently they have no more excuses left.

[Harrisfan]

1 minute ago, placeholder said:

How long will it take before Trumpists claim that the figures are fake. You know, like the stolen election.

 

Recessions are normal. You can't reduce spending and not have one. How long before lefties learn the basics about economics.

[Harrisfan]

Just now, BLMFem said:

One MAGA cultist has already replied that this is good news, so I'm guessing that's what they're going with.

Apparently they have no more excuses left.

Ok leftist cultist. You guys are weird.

[BLMFem]

3 minutes ago, Harrisfan said:

Recessions are normal. You can't reduce spending and not have one.

Yes, you can. If you'd like I can send you actual real world examples of countries that have reduced spending without causing a recession.

I can PM you the links for your perusal. Would you like that?

[placeholder]

12 minutes ago, BLMFem said:

Yes, you can. If you'd like I can send you actual real world examples of countries that have reduced spending without causing a recession.

I can PM you the links for your perusal. Would you like that?

There was a federal spending decline of 5.1% in the first quarter of 2024 compared to the last quarter of 2023.

https://apps.bea.gov/scb/issues/2024/07-july/pdf/0724-government-receipts-expenditures.pdf?utm_source=chatgpt.com

 

Virtually the same as the spending decline in the first quarter of 2025

 

Yet somehow the economy a year ago still managed to grow.

 

[Harrisfan]

12 minutes ago, BLMFem said:

Yes, you can. If you'd like I can send you actual real world examples of countries that have reduced spending without causing a recession.

I can PM you the links for your perusal. Would you like that?

Not by 20%. 

[Harrisfan]

2 minutes ago, placeholder said:

There was a federal spending decline of 5.1% in the first quarter of 2024 compared to the last quarter of 2023.

https://apps.bea.gov/scb/issues/2024/07-july/pdf/0724-government-receipts-expenditures.pdf?utm_source=chatgpt.com

 

Virtually the same as the spending decline in the first quarter of 2025

 

Yet somehow the economy a year ago still managed to grow.

 

Spending was high in 2023

[placeholder]

Just now, Harrisfan said:

Spending was high in 2023

What don't you  understand about the fact that there was a similar drop in federal spending from the previous quarter in both the 2024 and 2025 first quarters. Yet the economy grew in 2024. What don't you Trumpists understand about the importance of consulting facts before you make your claims.

https://apps.bea.gov/scb/issues/2024/07-july/pdf/0724-government-receipts-expenditures.pdf

[placeholder]

3 minutes ago, Harrisfan said:

Spending was high in 2023

It was higher in 2024. So what's your point?

[Tug]

Just now, placeholder said:

It was higher in 2024. So what's your point?

I don’t think he really has one he just likes to be a sh/+ disturber….personally I think we will be lucky to just experience a recession and not a full blown collapse.

[placeholder]

To be fair, part of the drop came from the increase in imports. Importers trying to beat the rush. But not all. Consumers pulled back on spending.

[Harrisfan]

8 minutes ago, placeholder said:

What don't you  understand about the fact that there was a similar drop in federal spending from the previous quarter in both the 2024 and 2025 first quarters. Yet the economy grew in 2024. What don't you Trumpists understand about the importance of consulting facts before you make your claims.

https://apps.bea.gov/scb/issues/2024/07-july/pdf/0724-government-receipts-expenditures.pdf

Who cares

[Harrisfan]

7 minutes ago, placeholder said:

It was higher in 2024. So what's your point?

You said spending was cut before

Make up your mind 

[CallumWK]

1 minute ago, placeholder said:

To be fair, part of the drop came from the increase in imports. Importers trying to beat the rush. But not all. Consumers pulled back on spending.

 

And why they cut back on spending?

answer : because there is uncertainty about the future, and prices are increasing already.

There have been several reports from companies that they increased their prices, with Amazon one of the latest, and this is just the start

[Harrisfan]

1 minute ago, CallumWK said:

 

And why they cut back on spending?

answer : because there is uncertainty about the future, and prices are increasing already.

There have been several reports from companies that they increased their prices, with Amazon one of the latest, and this is just the start

Good news then for inflation.

[worgeordie]

It's only just  begun ...if the stupidity does not stop ..expect more chaos 

 

regards worgeordie

[CallumWK]

1 minute ago, Harrisfan said:

Good news then for inflation.

 

So inflation is good?

Time to put you on ignore as it hurts my eyes and brain reading 6700 posts of drivel

[still kicking]

Just now, CallumWK said:

 

So inflation is good?

Time to put you on ignore as it hurts my eyes and brain reading 6700 posts of drivel

He has been on my ignore list for a long time 

[CallumWK]

https://finance.yahoo.com/news/us-private-employers-add-just-62000-jobs-in-april-amid-difficult-hiring-environment-125137801.html

 

US private employers add just 62,000 jobs in April amid 'difficult' hiring environment

 

Private employers added fewer jobs than expected in April as a sense of "unease" led to a slowdown in hiring and investors watch for signs that tariffs are weighing on economic growth.

On Wednesday, data from ADP showed private payrolls grew by just 62,000 in April, far fewer than the 115,000 expected by economists and below the 147,000 new jobs added in March. This marked the smallest increase in private payrolls since July 2024.

[Harrisfan]

1 minute ago, CallumWK said:

 

So inflation is good?

Time to put you on ignore as it hurts my eyes and brain reading 6700 posts of drivel

Inflation goes down when people spend less. You obviously failed economics at school.

[Harrisfan]

Just now, CallumWK said:

https://finance.yahoo.com/news/us-private-employers-add-just-62000-jobs-in-april-amid-difficult-hiring-environment-125137801.html

 

US private employers add just 62,000 jobs in April amid 'difficult' hiring environment

 

Private employers added fewer jobs than expected in April as a sense of "unease" led to a slowdown in hiring and investors watch for signs that tariffs are weighing on economic growth.

On Wednesday, data from ADP showed private payrolls grew by just 62,000 in April, far fewer than the 115,000 expected by economists and below the 147,000 new jobs added in March. This marked the smallest increase in private payrolls since July 2024.

So new jobs went up not down. Oh scary 555

[Harrisfan]

2 minutes ago, still kicking said:

He has been on my ignore list for a long time 

Because I carved u up and you got the sooks.

[placeholder]

3 minutes ago, Harrisfan said:

Inflation goes down when people spend less. You obviously failed economics at school.

What don't you understand about the fact that prices are increasing sharply due to the tariffs on Chinese goods?  Demand isn't the only factor that govens inflation. 

[Harrisfan]

1 minute ago, placeholder said:

What don't you understand about the fact that prices are increasing sharply due to the tariffs on Chinese goods? Theesns demand isn't the only factor that governs inflation. 

Prices on Chinese goods not all goods.

[candide]

Trumponomics! 

 

https://www.bea.gov/news/2025/gross-domestic-product-1st-quarter-2025-advance-estimate