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Eric Hovde: “GDP has been lumpy. We started off with first quarter with a…”

Featuring: Eric Hovde, Republican | Former Candidate, U.S. Senate Wisconsin

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2025 Economic Predictions Review

Published | Video Starts at 00:41

Conversely, the enthusiasm of a pro business president with deregulation retaining lower tax rates are big positives. My guess is the economy will be lumpy with negative and positive prints and probably equal out at around 1.5%. Well, GDP has been lumpy. We started off with first quarter with a negative print. Second quarter came in with a pretty good print at 3.8%. Third quarter, we don't know why because the government's been shut down. So we don't have a lot of government data. But I think it's going to be positive by all indications. (00:41–00:51)

CLAIM

Asserts that GDP growth was negative in the first quarter and 3.8% in the second quarter.

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