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Under President Trump’s leadership and with the OBBB in place, business equipment production is growing at its fastest pace since 1997.
This CapEx Comeback is driving productivity, raising wages for blue collar workers, and laying the foundation for long-term economic growth and improved living standards across the country.
Thanks to @POTUS’s pro-growth, America First agenda, we’re seeing a CapEx Comeback. Business equipment production jumped 11% annualized in Q2 after a huge 23% gain in Q1 — the strongest back-to-back growth since 1997.
CapEx is up 16.6% in the first half of 2025, signaling a… pic.twitter.com/CcYf7QR9ov
— Treasury Secretary Scott Bessent (@SecScottBessent) July 22, 2025
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Source by Treasury Department
