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Economy selectors, pages, etc.
Trumpanomics: Personal Income increased 0.8% in April; Spending increased 0.2%
By HatetheSwamp
May 30, 2025 6:42 am
Category: Economy
(0.0 from 0 votes)
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Holy freakin friggin EFFINcow, as po'd say!

We're too far into Trump to suggest that the Flatulent Fool's string-pullers did this. And,...

There's nuthin that Curt's Holy Trinity nor po's metaphorical Rachel are reporting that accounts for this. But, the numbers don't lie.

The April PCE price index increased 2.1 percent year-over-year (YoY), down from 2.3 percent YoY in March, and down from the recent peak of 7.2 percent in June 2022.

The PCE price index, excluding food and energy, increased 2.5 percent YoY, down from 2.6 percent the previous month, and down from the recent peak of 5.6 percent in February 2022.


Cited and related links:

  1. calculatedriskblog.com

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Comments on "Trumpanomics: Personal Income increased 0.8% in April; Spending increased 0.2%":

  1. by Indy! on May 30, 2025 7:04 am

    Meanwhile, the people who actually know what's REALLY happening with the economy...

    CEO Confidence Declined Significantly in Q2 2025

    Updated : 2025-05-29

    The Conference Board Measure of CEO Confidence™ in collaboration with The Business Council fell by 26 points in the second quarter of 2025 to 34, the lowest level since Q4 2022. (A reading below 50 reflects more negative than positive responses.) This was the largest quarter-over-quarter decline in the history of the survey, which started in 1976. A total of 133 CEOs participated in the Q2 survey, which was fielded from May 5 to May 19.

    “CEO Confidence collapsed in Q2 2025 after surging in Q1,” said Stephanie Guichard, Senior Economist, Global Indicators, The Conference Board. “All components of the Measure weakened into pessimism territory. CEOs’ views about current economic conditions led the plunge, registering the largest quarter-on-quarter decline in almost 50 years. Expectations for the future also plummeted, with more than half of CEOs now expecting conditions to worsen over the next six months, both for the economy overall and in their own industries. CEOs’ assessments of current conditions in their own industries—a measure not included in calculating the topline Confidence measure—also fell sharply in Q2. The vast majority of CEOs (83%) said they expect a recession in the next 12-18 months, nearly matching the percentage who feared recession in late 2022 and early 2023. The US–China trade deal announced on May 12 seems to have eased, but not removed, concerns about the future. CEOs responding before and after May 12 reported similar very negative views about the current state of the economy and their own industries.

    More at link (which also proves OD lied again when he said I never provide sources)…
    conference-board.org


  2. by Indy! on May 30, 2025 7:05 am

    God I hate this board's antiquated tools.


  3. by HatetheSwamp on May 30, 2025 7:12 am

    Sadly for the TDS crowd, it's what everyone thinks that really matters.

    Ole pb tends to agree with the CEOs but, then, pb studied Econ in college. And, people, are po notes, are stoopid?


  4. by HatetheSwamp on May 30, 2025 7:36 am

    "CNBC: Personal income increased 0.8% in April — "almost TRIPLE the expectations." 🔥"

    x.com


  5. by Indy! on May 30, 2025 7:39 am

    Twitter is not a news source.


  6. by HatetheSwamp on May 30, 2025 7:42 am

    But, CNBC is.


  7. by Indy! on May 30, 2025 7:47 am

    Then there's no need to link us to Leon's website.


  8. by HatetheSwamp on May 30, 2025 7:56 am

    You are sooooo close-minded. You'd have loved life under Stalin.


  9. by Ponderer on May 30, 2025 8:26 am

    "The April PCE price index increased 2.1 percent year-over-year (YoY), down from 2.3 percent YoY in March, and down from the recent peak of 7.2 percent in June 2022.

    The PCE price index, excluding food and energy, increased 2.5 percent YoY, down from 2.6 percent the previous month, and down from the recent peak of 5.6 percent in February 2022.",/b> -from MAGA Hat Hate's post



    "The PCE price index (Personal Consumption Expenditures Price Index) is a measure of the average increase in prices for all domestic personal consumption in the United States. It reflects the prices that consumers pay for goods and services and is known for capturing inflation across a wide range of consumer expenses. The index is often used by the Federal Reserve to gauge inflation trends and make monetary policy decisions. Additionally, the core PCE price index, which excludes food and energy prices, provides insight into underlying inflation trends." -link below

    You know, I don't blame the MAGA Hat Right for trying to make a silk purse out of Donald Trump's ear. It's all they got afterall.

    But this is just sad.
    en.wikipedia.org


  10. by Ponderer on May 30, 2025 8:28 am

    "You are sooooo close-minded. You'd have loved life under Stalin." -MAGA Hat Hate

    He's probably judging by how much he's loving living under Hitler Trump.


  11. by Curt_Anderson on May 30, 2025 9:26 am
    I account for some of that 0.2% increase in spending. I have purchased shoes and other imported items which I expect to be more expensive later.

    WASHINGTON, May 30 (Reuters) - U.S. consumer spending increased marginally in April, with households opting to boost savings amid mounting economic uncertainty because of a constantly changing tariff landscape.

    The report from the Commerce Department on Friday suggested the economy struggled to rebound early in the second quarter after contracting in the January-March quarter for the first time in three years. Gross domestic product could, however, get a lift from a sharp contraction in the goods trade deficit last month as the front-running of imports to beat tariffs faded.
    reuters.com


  12. by HatetheSwamp on May 30, 2025 10:49 am

    "He's probably judging by how much he's loving living under Hitler Trump."

    Y'know, po, IMO, back in the day, Indy was the most free-spirited thinker on SS. But, not n'more. Since he fell for the Cackles Mckneepads scam? Oy freakin friggin EFFINvey!


  13. by meagain on May 30, 2025 12:17 pm

    " then, pb studied Econ in college. "

    Bible school?


  14. by Indy! on May 30, 2025 12:54 pm

    I accounted for some of that increased spending as well, Curt. I went food shopping.


  15. by oldedude on May 31, 2025 9:30 pm
    Which is interesting because the rest of the folks on this site go every week to shop for food. It must be your meth that keeps you going.


  16. by Indy! on June 1, 2025 9:47 am

    I have experimented with plenty of mood modifiers in my lifetime, meth (however) is not one of them. What's it like, Queenie? 🤔


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