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Shock: Surging US Power Demand Suggests GDP Growth Over 3%

While the liberal media does everything it can to portray the US economy as crippled by a brutal recession, (a complete reversal from its economic coverage of the Biden administration), by banging the table on what a bunch of Democrats polled by UMich think may happen some time in the future, even as the hard data stubbornly refuses to validate this outlook by showing that what is happening is,well, nothing - as Powell himself yesterday noted - secondary indicators confirm that not only is the US economy not slowing but is growing at a far faster pace than even the optimists claim.

According to a report from Goldman's Hongcen Wei, year to date, US power demand has increased by 5.5% year over vs the average annual growth rate of 0.6% in the past decade. 

shock surging us power demand suggests gdp growth over 3

via May 8th 2025