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business7h ago
Cbsnews.com and 9 more
Highlights
- The U.S. economy grew 3.3% at an annual pace in Q2 as consumer demand strengthened, retreating fears of a spring slowdown.
- Consumer spending, up 1.6% in Q2, underscored household resilience amid tariff uncertainty and helped lift overall growth.
- Imports plunged 29.8% in the quarter, a swing that boosted growth by reducing subtractive effects on GDP.
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References
GDP grew faster in the second quarter than initially estimated

US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth
US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth
US economy grew at a faster pace in Q2 following Commerce Department revision

U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought

The US economy’s rebound in the second quarter was stronger than previously reported | CNN Business

US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth - WTOP News

The US economy saw stronger growth in Q2 than initially thought
U.S. economy expanded 3.3% in Q2, with growth even stronger than initially thought

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