BTCC
/
BTCC Square
/
Global Cryptocurrency
/
U.S. Economy Shows Resilience Amid Mixed Signals on Growth and Inflation
U.S. Economy Shows Resilience Amid Mixed Signals on Growth and Inflation
5
3
BTCCSquare news:
Economic advisor Bessent projects 3% annual GDP growth despite early-year volatility, citing strong holiday spending as a key driver. Q2’s 3.8% rebound offsets Q1’s 0.6% contraction, with Atlanta Fed estimating Q3 at 3.5%.
Consumer spending—accounting for 70% of GDP—faces headwinds as Michigan sentiment index rises to 53.3 in December but remains 28% below 2024 levels. September’s delayed inflation report showed persistent 3% YoY price increases, including 3.1% for groceries.
Political tensions flare as President TRUMP dismisses affordability concerns: ‘A Democrat scam.’ Meanwhile, voters increasingly question administration narratives amid economic crosscurrents.
By:
