Economic overview and forecast for Q2 2025

September 15, 2025

In the second quarter of 2025, the U.S. economy expanded on consumer spending and fewer imports, but signs of strain emerged with sluggish job growth, softening housing, and rising inflation kept the Fed cautious even as stock markets rallied. 

Honkamp Shareholder Rob Leibfried the economic overview and forecast for the second quarter of 2025

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