Own Your Financial Future

The U.S. economy grew by 3.0% in the second quarter of 2025 (April–June), after shrinking by 0.5% in the first quarter. That gives us about 1.2% average growth for the first half of the year — slower than 2.5% growth in 2024, mostly due to less consumer spending.

Some people thought the trade war would make inflation jump higher, but that hasn’t happened. Instead, inflation is moving closer to the Federal Reserve’s 2% goal. Consumer spending was soft in May, especially on travel and fun activities.

The U.S. dollar has dropped about 5% against a basket of global currencies.
But according to Federal Reserve data, the “real value” of the dollar (after inflation) is still high—about two standard deviations above its long-term average.