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US economy rebounds a surprisingly strong 3% in the second quarter
A category within the GDP data that measures the economy's underlying strength weakened in the second quarter, expanding at a 1.2% annual pace, down from 1.9% from January through March. This category includes consumer spending and private investment but excludes volatile items like exports, inventories and government spending.
Second-quarter gross domestic product increased at an annual rate of 3%, better than the median forecast of 2.3%.
Bloomberg on MSN4h
US GDP Grows by 3% in Second QuarterThe US economy grew in the second quarter thanks to a pickup in consumer spending and a drop in imports. Inflation-adjusted gross domestic product, which measures the value of goods and services ...
America’s economy surged in the second quarter of the year, as Donald Trump’s tariffs slashed imports and so boosted the ...
The U.S. economy shrank by 0.5% in the first quarter of 2025, between January and March, as two earlier estimates were revised downward by the Commerce Department ’s Bureau of Economic Analysis.
The U.S. trade deficit in goods narrowed to the lowest level in nearly two years in June as imports fell sharply, cementing ...
The big jump in imports made a big drop in net exports and hence the 0.3% drop in overall GDP. Our nation and the world are in very troubled waters.
India’s economy expanded by an estimated 6.5% in 2024–25, the slowest in four years. The Reserve Bank of India has maintained ...
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