Thursday, May 28, 2026

Real GDP in 1Q2026 second estimate revised lower from 2.0% annualized to 1.6% annualized "primarily reflecting downward revisions to investment and consumer spending" lol

 I guess those trillion$ Trump said were coming into the country have not come in, and consumer spending is higher only because everything costs so damn much more due to inflation.

May 21: Consumers are still spending, but cracks are starting to show

Dec 5: Trump touts over $20 trillion in new U.S. investments, but the numbers don't add up

 

A191RL1Q225SBEA: 1Q1984-1Q2026 Trend