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US economy expands 3% in second quarter, but headline growth number masks weaknesses
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 and the weakest since the end of 2022.
Real GDP unexpectedly rose at an annualized rate of 3% in the second quarter, strongly rebounding after a contraction in the ...
The US economy shrank slightly less in the beginning of the year than previously reported, new data shows, but it was still the first quarterly decline since 2022, in a sign of how President ...
GDP affects ordinary Brits in several ways, including through employment opportunities and the cost of living. Signs that the economy is growing are usually welcomed, but it’s not always necessarily ...
Investing legend Ray Dalio predicts that the US is headed for an 'economic heart attack' unless policymakers reduce the ...
China reported a better-than-expected economic growth as the world’s second largest economy took advantage of a trade truce with the US amid President Donald Trump’s tariff offensive.
It can also seem like a cornerstone of GDP releases. On April 30th the Bureau of Economic Analysis said that America’s economy shrank at an annual pace of 0.3% in the first quarter of 2025, the ...
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