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The US Economy IS Stalling….Summer 2026

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The growth rate declined to 1.5%……

THIS announcement WAS all over the media this morning…

It’s Gone now…..

Wouldn’t have anything to do with media editors NOT trying piss Trump & Co. off with Bad news on top of Trump’s miserable polling numbers?

 

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth, yet consumers continued to spend. And the Federal Reserve’s favored measure of inflation grew more slowly last month. But it remained above the central bank’s 2% target at a time when Americans are frustrated about the high cost of living ahead of the midterm elections, now less than 100 days away.

Growth in U.S. gross domestic product — the nation’s output of goods and services — decelerated from 2.1% in the first three months of 2026, the Commerce Department reported Thursday, coming in below economists’ expectations. But consumer spending — which accounts for about 70% of U.S. economic activity — increased at a 3.2% annual clip, up from 0.5% in the January-March period.

A measure of the economy’s underlying strength – which strips out volatile government spending and trade numbers – looked good, expanding at a 3.9% annual pace, up from 1.7% from January through March….

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The Fed on Wednesday chose to leave its benchmark interest rate unchanged for the fifth straight meeting. But three regional Fed presidents dissented, saying they wanted to raise rates to combat elevated inflation….

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Higher costs have frustrated Americans ahead of November’s midterm elections, which will determine whether President Donald Trump’s Republicans keep full control of Congress…

More…

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Trump Running Out of Options to Fix Inflation

“With three months remaining until election day, there is now little the Trump administration can do to bring relief to Americans battered by years of stagnant wages and steep inflation before they hit the polls, experts say — complicating midterm campaigning for Republicans and sharpening the opportunity for Democrats to win back some control in Washington,” the Los Angeles Times reports.

“That’s in part because the Trump administration has very few levers to turn the tide in such a short period, and has shown little interest in using those it does have, experts said. Rather, President Trump has persisted in waging war in Iran and pushed forward with new tariffs on trade partners despite both contributing to soaring costs for food, gas and other basic necessities.”

Note….

President Trump says he ain’t worried about the ‘Bad’ Economy…..

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