My chip company invests $1 billion in your ai company.
Your ai company buys $1 billion of my chips.
Together we just generated $2 billion in economic activity!
OSU1922 on
Buried the lede…
“Lower-income families are wrestling with slowing wage growth and rising costs of various household goods, like beef, coffee and furniture. Still, even as some major corporations have announced work force reductions, the limited extent of overall layoffs is still buttressing activity. And much of consumption growth has come from spending by affluent and upper middle-class Americans, who have continued paying for travel, recreation, restaurants and other discretionary purchases.”
Zealousideal_Oil4571 on
From the Bureau of Economic Analysis report, “The increase in real GDP in the third quarter reflected increases in consumer spending, exports, and government spending that were partly offset by a decrease in investment. Imports, which are a subtraction in the calculation of GDP, decreased. For more information, refer to the “Technical Notes” below.”
We are still in an extremely distorted economy due to tariffs and erratic policy. The decrease in investments and imports do not bode well for Q4 and 2026 onward. People are making short-term decisions and waiting out the chaos.
LittleTension8765 on
Economic discussions are terrible and repetitive now.
Positive economic numbers: They must be lying, it’s actually horrible.
Negative economic numbers: hahahaha I was right, American economy is going into a depression, serves everyone right.
obxtalldude on
I’ve been buying everything I think’s going to increase in price or be unavailable due to tariffs and supply chain uncertainties.
When the dollar is declining in value, kind of makes sense to spend it.
tamman2000 on
Without addressing the veracity of these particular numbers: This administration lies about everything and manipulates data to spin things in its favor. I think skepticism about good numbers is warranted.
I think we need 3rd party indicators we can trust at this point. Are there any universities collecting economic data without the government getting involved that are publishing metrics?
6 Comments
My chip company invests $1 billion in your ai company.
Your ai company buys $1 billion of my chips.
Together we just generated $2 billion in economic activity!
Buried the lede…
“Lower-income families are wrestling with slowing wage growth and rising costs of various household goods, like beef, coffee and furniture. Still, even as some major corporations have announced work force reductions, the limited extent of overall layoffs is still buttressing activity. And much of consumption growth has come from spending by affluent and upper middle-class Americans, who have continued paying for travel, recreation, restaurants and other discretionary purchases.”
From the Bureau of Economic Analysis report, “The increase in real GDP in the third quarter reflected increases in consumer spending, exports, and government spending that were partly offset by a decrease in investment. Imports, which are a subtraction in the calculation of GDP, decreased. For more information, refer to the “Technical Notes” below.”
We are still in an extremely distorted economy due to tariffs and erratic policy. The decrease in investments and imports do not bode well for Q4 and 2026 onward. People are making short-term decisions and waiting out the chaos.
Economic discussions are terrible and repetitive now.
Positive economic numbers: They must be lying, it’s actually horrible.
Negative economic numbers: hahahaha I was right, American economy is going into a depression, serves everyone right.
I’ve been buying everything I think’s going to increase in price or be unavailable due to tariffs and supply chain uncertainties.
When the dollar is declining in value, kind of makes sense to spend it.
Without addressing the veracity of these particular numbers: This administration lies about everything and manipulates data to spin things in its favor. I think skepticism about good numbers is warranted.
I think we need 3rd party indicators we can trust at this point. Are there any universities collecting economic data without the government getting involved that are publishing metrics?