US Gross Domestic Product, Second Quarter 2025 (Advance Estimate) | Metals Mine

  • US Gross Domestic Product, Second Quarter 2025 (Advance Estimate)

    From bea.gov

    Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent. The decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment, consumer spending, and exports. For more information, refer to the "Technical Notes" below. ... (full story)

Added at 7:37am

  • U.S. economy shrinks by 0.3% in first Trump-era GDP report

    From axios.com

    The U.S. economy contracted at an annualized 0.3% rate in the first quarter, as a rush to import goods ahead of President Trump's tariffs weighed on economic growth, the Commerce Department said on Wednesday. Why it matters: It's the first contraction in three years, a sign that the economy was losing momentum before the highest tariffs took effect. Flashback: It is a sharp turnaround from the 2.4% growth rate in the final months of 2024. It is the weakest GDP print since the same period in 2022, when the economy contracted at a 1% annualized rate, similarly weighed down by volatile categories like trade and ... (full story)

Comment Options
ffghost
Apr 30, 2025 8:18am
Permalink
Quoting AaronWard
The equity futures market is not waiting.
It's either the best opportunity to get long /nq before the MSFT/META earnings later today (APPL and AMZN tomorrow).....OR....the last chance to short before this thing really starts to roll over.

At 200 pts down on the /nq since the GDP number release, I guess people looked at the number and just said: why risk it?

Earnings of these companies has the ability to easily pop the index 2% (back to highs of yesterday), BUT, now all numbers and con call communications will be seen through the lens of the GDP figures.

One this is for CERTAIN: Trump's administration is going to be blaming the FED for not acting quickly enough at least a few times today.

EDIT: I see Trump has already come out on TruthSocial blaming the market on Biden, not yet on the FED.
Reply
Dutchy Daxy
Apr 30, 2025 7:48am
Permalink
This could help
Attached Image (click to enlarge)
Click to Enlarge Name: Trump Praying.JPG Size: 51 KB
Reply
Dutchy Daxy
Apr 30, 2025 10:11am
Permalink
Jan 29 it was Trumps stock market (going up)

April 30 it is Bidens stock market (going down)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 94 KB
Click to Enlarge Name: screenshot.png Size: 85 KB
Reply
Nordling
Apr 30, 2025 7:45am
Permalink
Lmao where are the "thank you mr president the economy is strong" people ?

Thank you though he is giving us traders our long awaited recession
Reply
Luxyus
Apr 30, 2025 7:55am
Permalink
it s not recession it a contraction, no need to overstimate the situation.. stagflation and let s see fed next move
AaronWard
Apr 30, 2025 7:58am
Permalink
The most shocking thing is how little the forex markets reacted to this. Negative growth is not something we have seen for some time.
Reply
TraderTero
Apr 30, 2025 8:25am
Permalink
Quoting ffghost
{quote} It's either the best opportunity to get long /nq before the MSFT/META earnings later today (APPL and AMZN tomorrow).....OR....the last chance to short before this thing really starts to roll over. At 200 pts down on the /nq since the GDP number release, I guess people looked at the number and just said: why risk it? Earnings of these companies has the ability to easily pop the index 2% (back to highs of yesterday), BUT, now all numbers and con call communications will be seen through the lens of the GDP figures. One this is for CERTAIN:...
If the inflation numbers come elevated then we are clearly heading to stagflation and lowering rates becomes pretty much impossible.
Rajatseth
Apr 30, 2025 10:05am
Permalink
Quoting AaronWard
The most shocking thing is how little the forex markets reacted to this. Negative growth is not something we have seen for some time.
The market reacts strongly to things that surprise us. And after the Trump administration, everything has become a shitshow. If GDP had come out higher than expected, we would have seen a strong reaction in the market.
Reply
AaronWard
Apr 30, 2025 8:31am
Permalink
Quoting ffghost
{quote} It's either the best opportunity to get long /nq before the MSFT/META earnings later today (APPL and AMZN tomorrow).....OR....the last chance to short before this thing really starts to roll over. At 200 pts down on the /nq since the GDP number release, I guess people looked at the number and just said: why risk it? Earnings of these companies has the ability to easily pop the index 2% (back to highs of yesterday), BUT, now all numbers and con call communications will be seen through the lens of the GDP figures. One this is for CERTAIN:...
I am curious to see if he has learned his lesson about attacking the Fed. Last round punching the Fed didn't end well with him. Impulse control is everything. Odds are against but you never know.
Reply
Nordling
Apr 30, 2025 8:34am
Permalink
Quoting ib1985ib
Sell dollar, buy eurusd, gbpusd. {image} {image} {image}
GU? hell naww
Reply
AaronWard
Apr 30, 2025 8:11am
Permalink
The equity futures market is not waiting.
Reply
ffghost
Apr 30, 2025 9:01am
Permalink
PCE relief valve for 5 minutes?
Reply
Trader#0B7A
Apr 30, 2025 8:13am
Permalink
The economies contracting at the fastest pace on the record. Debts, deficits, defaults across the board, lay-offs, inflation disaster.

We've only just begun...
Reply
ib1985ib
Apr 30, 2025 8:48am
Permalink
Quoting Nordling
{quote} GU? hell naww
Yes, this is strictly currencies. GBP and EUR are going further up, dollar is falling and it has to in order to attract investors to buy their stock market. Pound has always been strong and steady as a currency.
Reply
MrFlokiBro
Apr 30, 2025 7:42am
Permalink
Quoting Trader#3957
Holiii shit
is ithis good time to short?
Reply
TraderTero
Apr 30, 2025 8:00am
Permalink
Markets are waiting for the Core PCE Price Index m/m numbers.
ib1985ib
Apr 30, 2025 8:01am
Permalink
Sell dollar, buy eurusd, gbpusd.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD_2025-04-30_09-05-13.png Size: 77 KB
Click to Enlarge Name: GBPUSD_2025-04-30_09-06-07.png Size: 81 KB
Click to Enlarge Name: DXY_2025-04-30_09-07-08.png Size: 95 KB
Reply
Trader#3957
Apr 30, 2025 7:34am
Permalink
Holiii shit
Reply
Trader#7AFB
Apr 30, 2025 7:50am
Permalink
This is good time to take longs positions
Reply
Trader#3EDF
Apr 30, 2025 8:05am
Permalink
it could still be revised to a positive number, things were skewed by the massive imports which aren't in and of themselves supposed to impact GDP nor is that a negative by itself, its investment.
Reply
  • Story Stats