{"id":2442422,"date":"2025-06-03T16:55:59","date_gmt":"2025-06-03T20:55:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/after-just-4-months-under-trump-fed-predicts-gdp-spike-for-current-quarter\/"},"modified":"2025-06-03T16:58:03","modified_gmt":"2025-06-03T20:58:03","slug":"after-just-4-months-under-trump-fed-predicts-gdp-spike-for-current-quarter","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/after-just-4-months-under-trump-fed-predicts-gdp-spike-for-current-quarter\/","title":{"rendered":"After Just 4 Months Under Trump, Fed Predicts GDP Spike for Current Quarter"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fafter-just-4-months-under-trump-fed-predicts-gdp-spike-for-current-quarter%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2442422&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The Atlanta Federal Reserve has recently revised its forecast for the Gross Domestic Product (GDP) growth for the second quarter of 2025, predicting a significant increase to 4.6% from a previous estimate of 3.8%. This adjustment follows a period where experts had anticipated another decline in GDP, raising concerns about a potential recession. the revision is attributed to improvements in consumer spending and private domestic investment,which have increased considerably. Economists, including E.J. Antoni from the Heritage Foundation, noted that the positive adjustments reflect changes in the trade deficit and a rebound in consumer spending.Additional favorable economic indicators include a decrease in inflation measures, with the personal consumption expenditures price index falling to 2.1% and the consumer price index dropping to its lowest since early 2021. these developments suggest a stronger-than-expected recovery for the U.S. economy in the second quarter.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><script>console.log(\"ad slot (REP_0)\")<\/script><\/p>\n<p>The Atlanta Federal Reserve Bank is now predicting a whopping 4.6 percent growth in the Gross Domestic Product for the second quarter, which ends June 30.<\/p>\n<p>Fox Business Network host David Asman posted on X, &ldquo;Just a few weeks ago, the &lsquo;experts&rsquo; were warning of another negative GDP quarter, with a recession looming. Now this: &lsquo;Atlanta Fed GDP now growth estimate for Q2 rises to 4.6% from 3.8%.&#8217;&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Just a few weeks ago the &ldquo;experts&rdquo; were warning of another negative GDP quarter, with a recession looming. Now this:<\/p>\n<p>&ldquo;Atlanta Fed GDP now growth estimate for Q2 rises to 4.6% from 3.8%&rdquo; <a href=\"https:\/\/t.co\/ZyZtOAAsc1\">https:\/\/t.co\/ZyZtOAAsc1<\/a><\/p>\n<p>&mdash; David Asman (@DavidAsmanfox) <a href=\"https:\/\/twitter.com\/DavidAsmanfox\/status\/1929916129419366527?\">June 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He d a Monday story from ForeXLive showing the Fed&rsquo;s <a href=\"https:\/\/www.westernjournal.com\/economic-bounce-back-smashes-expectations-gdp-growth-sets-time-record\/\" target=\"_blank\" rel=\"noopener\">GDP<\/a> adjustment.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} else { \t\t\t\tdocument.addEventListener(\"DOMContentLoaded\", function() { \t\t\t\t\tfunction loadScript(src) { \t\t\t\t\t\tconst script=document.createElement(\"script\"); \t\t\t\t\t\tscript.src=src; \t\t\t\t\t\tscript.async=true; \t\t\t\t\t\tdocument.body.appendChild(script); \t\t\t\t\t} \t\t\t\t\tfunction findPreviousParagraph(selector, x) { \t\t\t\t\t\tconst targetElement=document.querySelector(selector); \t\t\t\t\t\tif (!targetElement) { \t\t\t\t\t\t\tconsole.warn(\"Target element not found.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\t\/\/ Get all <\/p>\n<p> elements in order as they appear in the document \t\t\t\t\t\tlet paragraphs=Array.from(document.querySelectorAll(\"p\"));  \t\t\t\t\t\t\/\/ Find the index of the last <\/p>\n<p> before the target element \t\t\t\t\t\tlet targetIndex=paragraphs.findIndex(p=> p.compareDocumentPosition(targetElement) & Node.DOCUMENT_POSITION_PRECEDING);  \t\t\t\t\t\tif (targetIndex===-1 || targetIndex <x) { \t\t\t\t\t\t\tconsole.warn(\"Not enough paragraphs before the target element.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\treturn paragraphs[targetIndex - x]; \t\t\t\t\t}  \t\t\t\t\t\/\/ Set up IntersectionObserver \t\t\t\t\tfunction observeElement(element) { \t\t\t\t\t\tif (!element) return;  \t\t\t\t\t\tconst observer=new IntersectionObserver( \t\t\t\t\t\t\t(entries)=> { \t\t\t\t\t\t\t\tentries.forEach(entry=> { \t\t\t\t\t\t\t\t\tif (entry.isIntersecting) { \t\t\t\t\t\t\t\t\t\tconsole.log(\"Paragraph is now visible:\", entry.target.textContent.trim()); \t\t\t\t\t\t\t\t\t\tloadScript(\"https:\/\/embed.sendtonews.com\/player3\/embedcode.js?fk=s28Az7AY\"); \t\t\t\t\t\t\t\t\t\tobserver.disconnect(); \t\t\t\t\t\t\t\t\t} \t\t\t\t\t\t\t\t}); \t\t\t\t\t\t\t}, \t\t\t\t\t\t\t{ threshold: 0.5 } \/\/ Adjust threshold as needed \t\t\t\t\t\t);  \t\t\t\t\t\tobserver.observe(element); \t\t\t\t\t}  \t\t\t\t\t\/\/ Find the 1st paragraph before #stnvideo and observe it \t\t\t\t\tlet paragraphToObserve=findPreviousParagraph(\"#stnvideo\", 2); \t\t\t\t\tobserveElement(paragraphToObserve); \t\t\t\t}); \t\t\t} \t\t<\/script> <\/p>\n<p>&ldquo;The GDPNow model estimate for real GDP growth (<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/report-home-prices-are-up-nearly-25-since-this-time-last-year\/\" title=\"...: Home Prices Are Up Nearly 25% Since This Time Last Year\">seasonally adjusted annual rate<\/a>) in the second quarter of 2025 is 4.6 percent on June 2, up from 3.8 percent on May 30,&rdquo; the report said.<\/p>\n<p>&ldquo;After this morning&rsquo;s releases from the US Census Bureau and the Institute for Supply Management, the nowcasts of second-quarter real personal consumption expenditures growth and real gross private domestic investment growth increased from 3.3 percent and -1.4 percent, respectively, to 4.0 percent and 0.5 percent.&rdquo;<\/p>\n<p>Heritage Foundation economist <a href=\"https:\/\/www.westernjournal.com\/wall-street-panic-trumps-america-first-policies\/\" target=\"_blank\" rel=\"noopener\">E.J. Antoni<\/a> also commented on the upward adjustment, posting on X, &ldquo;ATL Fed: guess we found all the &lsquo;missing&rsquo; imports as not only does the trade deficit shrink after the Q1 explosion, but now the estimate for consumer spending is shooting up and investment has flipped positive; Q2 GDP estimate is now a whopping 4.6%.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">ATL Fed: guess we found all the &ldquo;missing&rdquo; imports as not only does the trade deficit shrink after the Q1 explosion, but now the estimate for consumer spending is shooting up and investment has flipped positive; Q2 GDP estimate is now a whopping 4.6%&hellip; <a href=\"https:\/\/t.co\/zgWQJuuIr9\">pic.twitter.com\/zgWQJuuIr9<\/a><\/p>\n<p>&mdash; E.J. Antoni, Ph.D. (@RealEJAntoni) <a href=\"https:\/\/twitter.com\/RealEJAntoni\/status\/1929621189086920882?\">June 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In April, when it was reported that the GDP had <a href=\"https:\/\/www.westernjournal.com\/gdp-report-shows-negative-growth-economist-reveals-fantastic-news-hidden-inside\/\" target=\"_blank\" rel=\"noopener\">contracted<\/a> 0.3 percent in the first quarter, Antoni was among the economists arguing that it was an anomaly based on a spike in imports by businesses trying to get ahead of President Donald Trump&rsquo;s <a href=\"https:\/\/www.westernjournal.com\/trumps-tariffs-working-advertised-trade-deficit-plummets-record-amount-april\/\" target=\"_blank\" rel=\"noopener\">tariffs<\/a>.<\/p>\n<p>Shannon Grein, an economist at Wells Fargo, told <a href=\"https:\/\/www.wsj.com\/economy\/us-gdp-q1-2025-1f82f689\" target=\"_blank\" rel=\"noopener\">The Wall Street Journal<\/a> at the time regarding the Q1 GDP report, &ldquo;The headline decline overstates weakness because a lot of that was <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gdp-report-shows-negative-growth-but-economist-reveals-theres-fantastic-news-hidden-inside\/\" title=\"... ... Shows Negative ..., But Economist Reveals There&#039;s &#039;Fantastic News&#039; Hidden Inside\">tariff-induced pull-forward<\/a>.<\/p>\n<p>&ldquo;Overall, I think that it was a relatively solid underlying report when it comes to demand,&rdquo; she added.<\/p>\n<p>Antoni had posted on X at the time, &ldquo;The flood of imports from Q1 is going to tank imports for Q2\/Q3, which will show up as faster GDP growth in the Q2 report; ATL Fed and NY Fed are both forecasting significant improvements in growth at 2.5% and 2.72%, respectively.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The flood of imports from Q1 is going to tank imports for Q2\/Q3, which will show up as faster GDP growth in the Q2 report; ATL Fed and NY Fed are both forecasting significant improvements in growth at 2.5% and 2.72%, respectively: <a href=\"https:\/\/t.co\/GTSx5w8tgU\">https:\/\/t.co\/GTSx5w8tgU<\/a> <a href=\"https:\/\/t.co\/WnbPFf4ckx\">pic.twitter.com\/WnbPFf4ckx<\/a><\/p>\n<p>&mdash; E.J. Antoni, Ph.D. (@RealEJAntoni) <a href=\"https:\/\/twitter.com\/RealEJAntoni\/status\/1917617363270156598?\">April 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>So, since Antoni posted that in April, the Atlanta Fed has adjusted its estimate from 2.5 percent to 4.6 percent growth.<\/p>\n<p>Also boding well for the U.S. economy, last month the Labor Department <a href=\"https:\/\/www.westernjournal.com\/winning-producer-price-drop-shatters-time-record-defies-experts-predicted-price-rise\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> that the <a href=\"https:\/\/amzn.to\/3YuVZYV\" >personal consumption expenditures price index &#038;mdash<\/a>; the Federal Reserve&rsquo;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trumps-tariffs-working-as-advertised-as-trade-deficit-plummets-record-amount-in-april\/\" title=\"Trump&#039;s Tariffs Working as Advertised as ... Plummets Record Amount in April\">key inflation measure &#038;mdash<\/a>; fell to 2.1 percent in April.<\/p>\n<p>Further, the U.S Bureau of Labor Statistics <a href=\"https:\/\/www.bls.gov\/news.release\/cpi.nr0.htm\" target=\"_blank\" rel=\"noopener\">reported<\/a>&nbsp;the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/canadian-inflation-rate-slows-to-7-0-though-food-prices-hit-41-year-high\/\" title=\"Canadian inflation rate slows to 7.0%, though food prices hit 41-year high\">consumer price index fell<\/a> to 2.3 percent in April, the&nbsp;<a href=\"https:\/\/www.westernjournal.com\/winning-producer-price-drop-shatters-time-record-defies-experts-predicted-price-rise\/\" target=\"_blank\" rel=\"noopener\">lowest since February 2021<\/a>, which was before the Democrats passed the $1.9 trillion <a href=\"https:\/\/www.westernjournal.com\/biden-brags-inflation-lowest-since-month-signed-1-9t-bill-sparked\/\" target=\"_blank\" rel=\"noopener\">American Rescue Plan<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">CNBC: Personal income increased 0.8% in April &mdash; &ldquo;almost TRIPLE the expectations.&rdquo; &#128293;<\/p>\n<p>&ldquo;They&rsquo;re powerful numbers &mdash; up 0.6% in January, up 0.7% in February, up 0.5% last month, up 0.8% this month. This is a GREAT four-month start to any year.&rdquo; <a href=\"https:\/\/t.co\/s1Rx1KAYFl\">pic.twitter.com\/s1Rx1KAYFl<\/a><\/p>\n<p>&mdash; Rapid Response 47 (@RapidResponse47) <a href=\"https:\/\/twitter.com\/RapidResponse47\/status\/1928436481044910168?\">May 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>CNBC&rsquo;s Rick Santelli noted that as inflation continues to ease under Trump, personal income increased by 0.8 percent in April, &ldquo;almost triple the expectations.&rdquo;<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! 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Fox Business Network&#8217;s David Asman shared on X that just weeks prior, experts were cautioning about a potential negative GDP quarter and an impending recession. However, the latest estimate from the Atlanta Fed has increased from 3.8 percent to 4.6 percent for Q2 growth<\/p>\n","protected":false},"author":1,"featured_media":2442423,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/06\/Trump-with-steel-workers.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[9168,7498,19583,11379,3634],"class_list":["post-2442422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-economy","tag-fed","tag-gdp","tag-predictions","tag-trump"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/06\/Trump-with-steel-workers.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2442422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2442422"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2442422\/revisions"}],"predecessor-version":[{"id":2442426,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2442422\/revisions\/2442426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2442423"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2442422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2442422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2442422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}