❓WHAT HAPPENED: America’s economic resurgence under President Trump continues as Q2 2025 GDP growth is revised up to 3.8 percent, reflecting strong consumer spending, rising incomes, and a narrowing trade gap.
👤WHO WAS INVOLVED: President Donald J. Trump, White House Deputy Press Secretary Kush Desai, and economic analysts.
📍WHEN & WHERE: Q2 2025, United States.
💬KEY QUOTE: “America’s economic resurgence under President Trump continues: revised data show even stronger real GDP growth of 3.8 percent in Q2 2025 thanks to the Trump agenda of tax cuts, deregulation, tariffs, and energy abundance. And this is just the beginning.” – Kush Desai
🎯IMPACT: The fastest economic growth in nearly two years, increased small business confidence, and a surge in durable goods demand signal a robust U.S. economy powered by private sector growth.
Second-quarter GDP has been revised up to 3.8 percent, after the initial print in July showed GDP at 3.0 percent. Notably, the revised number now puts second-quarter growth significantly higher than the forecasted 2.4 percent by economists surveyed by Bloomberg. The White House, hailing the news, credits the surge in economic development to President Donald J. Trump’s tariff policies, as well as the One Big Beautiful Bill Act’s tax cuts, deregulation, and energy abundance.
“America’s economic resurgence under President Trump continues: revised data show even stronger real GDP growth of 3.8 percent in Q2 2025 thanks to the Trump agenda of tax cuts, deregulation, tariffs, and energy abundance. And this is just the beginning: new data from today also shows core capital goods orders beat expectations, paving the way for robust investment growth in Q3,” White House Deputy Press Secretary Kush Desai said in a statement, adding: “President Trump pledged to Make America Wealthy Again, and with Joe Biden’s inflation crisis tamed, we are now laying the groundwork for a long-term restoration of American Greatness.”
In addition to the GPD revision, real disposable income growth was also revised up to 3.1 percent, showing significant gains in wages and income. This marks the fastest pace of economic growth in nearly two years.
Meanwhile, manufacturers’ demand for durable goods surged in August, exceeding expectations and signaling confidence in future investments. Factory production increased for goods and services, while government output decreased, highlighting private sector-driven growth.
According to the U.S. Chamber of Commerce, small business confidence has reached its highest level in nearly a decade. New home sales also soared in August, marking a three-year high and the strongest market for homebuyers in over a decade.
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