Where Are We on Economic Growth and Inflation?

9/30/2025|Updated: 9/30/2025

Commentary

The second quarter gross domestic product (GDP) report came out last week. The growth registered in real terms at a very impressive 3.8 percent. This follows the previous quarter which was down. It seems that we are once again avoiding a technical recession. The Trump administration earned a talking point for a few days, and there is a sense of relaxation in markets that the tariff wars are not going to destroy the economy after all.

Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]