While politicians argue about inflation numbers and interest rates, something remarkable is happening across America’s factory floors and business offices. Smart investors and economic insiders have spotted a powerful trend that mainstream media outlets haven’t caught onto yet. This hidden economic indicator suggests America’s economic engine isn’t just running—it’s revving up for a major acceleration.

What exactly has these economic experts so excited? It turns out American businesses are going on a spending spree—not for fancy office furniture or company parties, but for the equipment and technology that actually creates jobs and prosperity.

Treasury Department data reveals an extraordinary surge in capital expenditures (CapEx)—jumping 16.6% in the first half of 2025. This represents the strongest non-pandemic growth since 1997. Business equipment production skyrocketed 23% in Q1 followed by another 11% gain in Q2.

From ‘Daily Wire’:

The Trump administration is drawing attention to an often overlooked data point that suggests Trump’s policies, and the passage of the “Big, Beautiful Bill,” have laid the foundation for an economic boom.

Treasury Department counselor Joe Lavorgna says that Federal Reserve data tracking the production of business equipment shows positive signs for future economic growth. Those signs come as President Donald Trump appears to be growing in popularity among business owners…

“The One Big Beautiful Bill jumpstarted investment that’s lifting productivity, wages, and living standards. Blue collar paychecks are rising fast — second only to @realDonaldTrump’s first term — and the best is yet to come.”

This remarkable growth comes after President Trump signed the “One Big Beautiful Bill” on July 4th, which allows businesses to fully expense capital investments retroactive to Inauguration Day. The most surprising part? Companies began ramping up investments before the bill was even signed—showing extraordinary confidence in the administration’s economic vision.

Real Jobs, Not Government Handouts

Unlike typical government stimulus that simply hands out money, this investment boom creates a sustainable cycle of prosperity. Treasury Department counselor Joe Lavorgna explains the difference: “It’s not like a government handout. This is creating jobs, which create income, which then create spending, which in turn creates more jobs.”

The results are already showing up in small business confidence. The latest CNBC survey found 46% of small business owners now rate the economy as “excellent” or “good”—a dramatic jump from just 30% in the previous quarter.

America’s Manufacturing Renaissance

This investment surge spans both traditional and cutting-edge industries. Secretary Bessent has witnessed this firsthand during two recent trips to Pittsburgh, where both steel manufacturing and artificial intelligence companies are making major investments.

“You’re seeing it on both sides,” Bessent noted. “Imagine that, steel and AI. It’s a very diversified building boom—we’re seeing companies from all over the world want to come in.”

For everyday Americans, this means more jobs, higher wages, and eventually lower prices as productivity improvements kick in. While economists focus on complex metrics, the simple truth is America’s businesses are betting big on the future—and that’s the strongest economic indicator of all.

Key Takeaways

• Business investment is surging at the fastest rate since 1997, signaling strong economic growth ahead
• Trump’s “One Big Beautiful Bill” is driving investment in American manufacturing and technology
• Unlike government handouts, business investment creates sustainable cycles of job and wage growth
• Both traditional industries and cutting-edge tech companies are betting big on America’s economic future

Sources: Daily Wire, Fox Business