Outrageous...

Real gross domestic product (GDP) increased at an annual rate of 2.2% in the second quarter of 2026, according to a U.S. Bureau of Economic Analysis released Wednesday.

In the first quarter, real GDP increased, at a revised rate of 2.5%.

The report released Monday, for April, May, and June, is an estimate, the third for the quarter.

Real GDP was revised up 0.7% point from the second estimate, "primarily reflecting upward revisions to investment, consumer spending and government spending," the Commerce Department's bureau also said.

Worse yet....

The key Commerce Department report released Wednesday shows consumer prices in August increased 0.3% from the previous month, less than Wall Street expected.

The report, the personal consumption expenditures price index, is the primary inflation gauge for the Federal Reserve, which sets interest rates based on inflation.

Excluding food and energy, the PCE price index increased 0.2%.

The seasonally adjusted 0.3% increase for the month, puts the 12-month gain at 3.4%. Economists surveyed by Dow Jones had been looking for increases of 0.3% and 3.7% respectively, according to CBNC.com.

Someone is panicking.

17 minutes ago, spin_dry said:

Someone is panicking.

Well calm down and soothe yourself... don't need you blowing a gasket.

Maby gas can go up soon for ya...

49 minutes ago, spin_dry said:

Someone is panicking.

That’s what you get from that lol

So what does this do for me?

Edited September 30Sep 30 by Stephen Hawking

55 minutes ago, Snake said:

Outrageous...

Real gross domestic product (GDP) increased at an annual rate of 2.2% in the second quarter of 2026, according to a U.S. Bureau of Economic Analysis released Wednesday.

In the first quarter, real GDP increased, at a revised rate of 2.5%.

The report released Monday, for April, May, and June, is an estimate, the third for the quarter.

Real GDP was revised up 0.7% point from the second estimate, "primarily reflecting upward revisions to investment, consumer spending and government spending," the Commerce Department's bureau also said.

Worse yet....

The key Commerce Department report released Wednesday shows consumer prices in August increased 0.3% from the previous month, less than Wall Street expected.

The report, the personal consumption expenditures price index, is the primary inflation gauge for the Federal Reserve, which sets interest rates based on inflation.

Excluding food and energy, the PCE price index increased 0.2%.

The seasonally adjusted 0.3% increase for the month, puts the 12-month gain at 3.4%. Economists surveyed by Dow Jones had been looking for increases of 0.3% and 3.7% respectively, according to CBNC.com.

And GDP was higher in Q2 ‘24 and inflation was lower in August ‘24.

Following your logic, you voted for the incumbents (Kamala)?

44 minutes ago, AK said:

And GDP was higher in Q2 ‘24 and inflation was lower in August ‘24.

Following your logic, you voted for the incumbents (Kamala)?

1 hour ago, spin_dry said:

Someone is panicking.

What, you mean you doomers?

Hilarious.

1 hour ago, Mainecat said:

I bet those prices are accurate for both sides of that meme

1 hour ago, DriftBusta said:

What, you mean you doomers?

As a zoomer, I've accepted the fate

5% gdp, lowest poverty rate ever,highest average income ever. Must stop this. Lol

GDP is actually 3.7%

Poverty rate was lower in 2021

Highest income, ooo, what a factor. The thing that always goes up is going up?

17 hours ago, Skidooski said:

I bet those prices are accurate for both sides of that meme

"When Biden left office.." The ignorance is soaring in here!

1 minute ago, Deephaven said:

GDP is actually 3.7%

Poverty rate was lower in 2021

Highest income, ooo, what a factor. The thing that always goes up is going up?

Fuck me. Is your brain wired funny or just came ungrounded? You are a complete fucking idiot.

20 hours ago, Snake said:

Outrageous...

Real gross domestic product (GDP) increased at an annual rate of 2.2% in the second quarter of 2026, according to a U.S. Bureau of Economic Analysis released Wednesday.

In the first quarter, real GDP increased, at a revised rate of 2.5%.

The report released Monday, for April, May, and June, is an estimate, the third for the quarter.

Real GDP was revised up 0.7% point from the second estimate, "primarily reflecting upward revisions to investment, consumer spending and government spending," the Commerce Department's bureau also said.

Worse yet....

The key Commerce Department report released Wednesday shows consumer prices in August increased 0.3% from the previous month, less than Wall Street expected.

The report, the personal consumption expenditures price index, is the primary inflation gauge for the Federal Reserve, which sets interest rates based on inflation.

Excluding food and energy, the PCE price index increased 0.2%.

The seasonally adjusted 0.3% increase for the month, puts the 12-month gain at 3.4%. Economists surveyed by Dow Jones had been looking for increases of 0.3% and 3.7% respectively, according to CBNC.com.

excuse me for a moment Mittens, but why is our debt to GDP worse than post WW2 levels if we're so prosperous and doing just great?

https://fred.stlouisfed.org/series/gfdegdq188s

1 hour ago, Zambroski said:

"When Biden left office.." The ignorance is soaring in here!

Fuck me. Is your brain wired funny or just came ungrounded? You are a complete fucking idiot.

You can never prove anything wrong, but sure can use TDS, groomer, fag often. THAT is what an idiot is.

2 hours ago, Deephaven said:

You can never prove anything wrong, but sure can use TDS, groomer, fag often. THAT is what an idiot is.

Simpletons….Duped…..moron

3 minutes ago, Skidooski said:

Simpletons….Duped…..moron

Don’t forget……. DERP.

More emotions and no facts. Imagine that!

Moar irony, shocker!

What is shocking is how much value that you and your band of simpletons bring to the forum. It's amazing.

Simpletons!!!!

What a parrot lol

Do you have a better term for it? Perhaps TDS. That never gets parroted...

Pete and repeat were on a bridge……

2 hours ago, Skidooski said:

Pete and repeat were on a bridge……

then Pete got mad and claimed Repeat had TDS and then Pete had a brain aneurysm

Pete fell off and who was left?

All you fuckers who say the same shit day in and day out on here