The article from Just The News reports a shift from economic pessimism in 2024 to optimism in 2025, attributing it to a potential “Trump boom.” It highlights a significant increase in business equipment production, with a 7.9% rise in Q2 2025 compared to Q4 2024, translating to an annualized growth rate of 16.5%—the strongest two-quarter growth since 1997. This surge signals increased capital investment, which could lead to higher productivity, wages, and long-term U.S. economic growth. Economic advisor Scott Bessent notes capital expenditures rose 16.6% in the first half of 2025, driven by the “One Big Beautiful Bill,” boosting blue-collar wages. Rep. Jimmy Patronis emphasizes that predictable economic policies foster business confidence and investment, contributing to this optimistic outlook.
Economic doom and gloom a year ago turns to optimism over a possible Trump boom https://t.co/oWX2BYGaMb
— John Solomon (@jsolomonReports) July 23, 2025
Some things to watch
Latest US business outlook is forecasting slightly less economic activity as expectations soften for profits, employment, and investment; tariffs were the #1 concern, but firms are anticipating both labor and nonlabor costs to increase dramatically in the near term: pic.twitter.com/30Hyzx33Uf
— E.J. Antoni, Ph.D. (@RealEJAntoni) July 23, 2025
From https://justthenews.com/government/white-house/2024s-doom-and-gloom-now-2025-trump-boom