September 25, 2025 (Thursday)

Updated: 2025-09-25 · Glossary

Economic Indicators

Final Estimate for Q2 GDP: 3.8% annualized (revised upward). An upward revision from the previous estimate, marking the highest growth in nearly two years.
State-level GDP and Personal Income (Q2): Real GDP increased in 48 states, with the national average at 3.8%.
Business Trends and Outlook Survey (BTOS): New data released, with details on business sentiment published.

Key Financial News

Stocks fall for the third consecutive day: Oracle's decline was notable, with a cautious mood prevailing ahead of inflation data.
President Trump signs TikTok-related order: Suggests deregulation related to China, raising expectations of reduced geopolitical risk.

Analysis

The upward revision of GDP confirmed the strength of consumption and investment, reinforcing the soft-landing scenario. Although the market reacted positively, it fell due to position adjustments before the weekend. The Trump administration's TikTok order serves as a signal of easing trade friction, which is positive for Asian stocks and the tech sector in the long term. Tension is rising ahead of the inflation data release.