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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: Timer321   😊 😞
Number: of 4460 
Subject: Private Investment is in trouble
Date: 08/28/25 8:01 PM
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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.
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