Business investment hits almost a 30-year peak during Trump’s presidency

Business Spending Hits High Mark

Business production spending is experiencing its most significant growth since 1997, especially following the reopening after the Covid pandemic. This was reported by the Trump administration in a release accessed by Blaze News.

Capital expenditures, often referred to as CAPEX, represent what companies invest in areas like research and development, software, and transportation. Essentially, it’s a key indicator of how many businesses are looking to expand or enhance their operations.

Additionally, according to the Trump administration, real wages have also seen an uptick, with the growth rates for 2025 being outpaced by only one previous administration.

“Trump is an idea guy. Everything about his plans connects to each other,” someone mentioned, highlighting the interconnected nature of his policies.

After an impressive 23% rise in Q1, business equipment production saw another 11% increase in Q2 of 2025.

Joe Lavolguna, a counselor to Treasury Secretary Scott Bescent, noted, “President Trump’s CAPEX resurgence was clearly driven by one big, beautiful bill.” He added that the companies President Trump backs for implementing positive policies acted promptly, leading to the growth observed in both quarters.

CAPEX has surged by over 16% in the first half of 2025, indicating a significant wave of investment in American industries already in progress.

Another major factor mentioned by the administration was the rise in blue-collar wages. Lavolguna pointed out that Trump has only one predecessor who faced similar challenges in competing in this aspect.

“Real wages are increasing at a rapid pace. It will be the second fastest for President Trump since 2017,” stated Laborgna.

Secretary Becent pointed out that during Trump’s first five months, actual hourly wages increased by nearly 2%, marking the most robust growth in this sector in 60 years.

Lavorgna commented, “The ‘big, beautiful bill’ aims to boost high-tech manufacturing, and the rise in wages for production workers indicates we are headed in the right direction.”

In comparison, President Biden experienced a 1.7% decline in real wages, with previous presidents like Obama, Bush, Clinton, George H.W. Bush, and Reagan all seeing negative growth as well.

Lavorgna emphasized that the Trump administration aims to bring back high-value manufacturing jobs to the U.S. while enhancing production in select industries and becoming a global leader.

This also extends to the booming sector of artificial intelligence, which has attracted substantial investments in data centers and campuses. These facilities not only create jobs but also demand more energy, thereby benefiting even more people.