Assertion Partly supported AI assessment confidence: 90% certainty 5/5 debate potential 1/5

Powell: US GDP grew at 1.2% in H1 2025, down from 2.5% last year

Jerome Powell · Trump AI Speech & Action Plan, DC Summit Recap, Hot GDP Print, Trade Deals, Altman Warns No Privacy · Aug 1, 2025 · at 1:04:05

Jerome Powell was not on this episode. A recording of them was played into it, so these are their words but not an appearance on All-In. It still counts as said, and it is kept out of every score on their page.

Federal Reserve Chairman Jerome Powell explains central bank interest rate decisions and macroeconomic figures played during The All-In Podcast.

0:00 / 0:07exact quote · 7.0s

▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark

“GDP rose at a 1.2% pace in the first half of this year, down from 2.5% last year.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Jerome Powell stated that U.S. GDP grew at an annualized rate of 1.2% in the first half of 2025, down from 2.5% in 2024.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

According to official Bureau of Economic Analysis (BEA) releases, real GDP grew at 2.8% in full-year 2024, slightly higher than the 2.5% figure cited by Powell. For the first half of 2025, the initial combined BEA advance estimates (Q1 at -0.5% and Q2 at +3.0%) averaged an annualized rate of ~1.2% (1.25%), which aligns directly with the 1.2% figure. Because the H1 2025 estimate matches initial BEA data but the 2024 growth figure differs slightly from the official 2.8% baseline, the statement is rated partially true.

BEA reported full-year 2024 real GDP growth was 2.8% across Advance, Second, and Third estimates.
Initial BEA advance estimates for Q1 2025 (-0.5%) and Q2 2025 (3.0%) yielded an average annualized growth rate of ~1.2% (1.25%) for H1 2025.

Checked against

[1] bea.gov [2] bea.gov [3] bea.gov [4] bea.gov [5] bea.gov [6] govdelivery.com [7] bea.gov [8] phillipswealthplanners.com

BEA real GDP Q1 2025 Q2 2025 annualized rate BEA real GDP 2024 full year percentage change US GDP growth rate 2024 annual BEA release "1.2 percent" "first half of 2025" GDP "first half of 2025" "GDP" "1.2%" or "1.3%" or "1.2 percent" BEA

assessed as of 2026-07-30

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Jerome Powell US GDP

⚑ Spot an error? Report it

Powell: US GDP grew at 1.2% in H1 2025, down from 2.5% last year

Turn any episode into a week of clips.