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Economic snapshot
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hlstark
Posted 4/30/2025 12:36 (#11208460)
Subject: Economic snapshot


First quarter gdp decreased by .3%

Doge predicted cuts shrank from 2 trillion to 160 billion(not all verifiable cuts)

Deficit spending is 2 billion more per day over last year’s deficit spending

West coast ports will have 30% less traffic with less ships en route

Inflation rate predicted to rise from 2.9% to 4% in 2025

Dow Jones’s down 10% off its highs

Consumer confidence index is lowest since 2011




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