Subject: Private Investment is in trouble
This is from a Yahoo report on the revised 2Q25 GDP numbers. Assuming the numbers are honest enough private investment is in trouble.
Snippet
Consumer spending, which accounts for about 70% of GDP, grew at a 1.6% annual pace, lackluster but better than 0.5% in the first quarter and the 1.4% the government initially estimated for the second.
Even with an upward revision, private investment dropped at a 13.8% annual pace from April through June. That would be biggest drop since the second quarter of 2020 at the height of the coronavirus pandemic. A reduction in private inventories cut almost 3.3 percentage points off second-quarter GDP growth.
Spending and investment by the federal government fell at a 4.7% annual clip on top of a 4.6% drop in the first quarter.