Economic Doom And Gloom a Year Ago Turns to Optimism Over a Possible Trump Boom

Amanda Head : Jul 25, 2025
Just The News

[JustTheNews.com] President Donald Trump's advisers are flagging a significant surge in US business investment as a signal America may be headed toward an economic boom, just months after many economists fretted over the lingering effects of Bidenomics like inflation. Treasury Secretary Scott Bessent was the latest to call attention to a significant uptick in industrial production of business equipment in Federal Reserve data, suggesting Tuesday it was a sign that businesses were unleashing capital spending after months of wariness. "Thanks to @POTUS' pro-growth, America First agenda, we're seeing a CapEx Comeback," Bessent wrote on X, noting business equipment production had jumped 11% annualized in the second quarter after a huge 23% gain in the first quarter... Subscribe for free to Breaking Christian News here Click Here to read. (Image: White House Flickr /Official White House Photo by Joyce N. Boghosian /US Government Work-Public)