excalibur
Diamond Member
- Mar 19, 2015
- 24,710
- 49,122
- 2,290
I have been posting for nearly a year.
Posting what for nearly a year, you may ask.
That we wree in Biden stagflation. Said it several times.
I have been proven correct.
Of course, the MSM and Democrats will try and spin this as something, something, something, Trump.
But as I have also pointed out over the years, a new President has zero impact on first quarter GDP in his first year of his term, and basically little on the 2nd quatrer as well, as economic policy is baked in many months prior to that President being sworn in.
Recent U.S. economic data shows mixed signals. While the Consumer Price Index (CPI) fell slightly in March 2025, other indicators like GDP and the Producer Price Index (PPI) experienced contractions. However, payroll employment and average hourly earnings saw positive growth.
Key Economic Indicators (March 2025):
www.bea.gov
Posting what for nearly a year, you may ask.
That we wree in Biden stagflation. Said it several times.
I have been proven correct.
Of course, the MSM and Democrats will try and spin this as something, something, something, Trump.
But as I have also pointed out over the years, a new President has zero impact on first quarter GDP in his first year of his term, and basically little on the 2nd quatrer as well, as economic policy is baked in many months prior to that President being sworn in.
Recent U.S. economic data shows mixed signals. While the Consumer Price Index (CPI) fell slightly in March 2025, other indicators like GDP and the Producer Price Index (PPI) experienced contractions. However, payroll employment and average hourly earnings saw positive growth.
Key Economic Indicators (March 2025):
- Consumer Price Index (CPI): -0.1%
- Producer Price Index (PPI) - Final Demand: -0.4%
- U.S. Import Price Index: -0.1%
- Real Gross Domestic Product: -0.3%
- Unemployment Rate: 4.2%
- Payroll Employment: +228,000
- Average Hourly Earnings: +$0.09
- Personal Income: Increased $116.8 billion (0.5% monthly rate) in March.
- Disposable Personal Income (DPI): Increased $102.0 billion (0.5%) in March.
- Personal Consumption Expenditures (PCE): Increased $134.5 billion (0.7%) in March.
- Federal Government Outlays: Fell 5.1%.
- Industrial Production Index: -0.3%
- Trading Economics: Reports GDP growth at -0.3% in Q1 2025.