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Highlights
- The U.S. economy grew at a 3.3% annualized pace in Q2, signaling a rebound helped by solid consumer demand and a healthier external balance.
- Consumer spending, which rose by 1.6%, helped lift the GDP figure as real outlays supported ongoing growth amid a rebalanced trade picture.
- Imports, which subtract from GDP, tumbled 29.8% in the quarter as firms stocked up ahead of policy effects, easing the drag on growth.
Vote 41
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
U.S. Economy Rebounds Stronger Than Expected With 3.3% Growth
The US economy’s rebound in the second quarter was stronger than previously reported | CNN Business
US Economy Expands at Revised 3.3% Rate on Stronger Investment
U.S. GDP Growth Revised to 3.3% in Q2, Withstanding Tariff and Interest Rate Challenges
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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
US Economy Tops Expectations with Upwardly Revised 3.3% Q2 Growth - KAOHOON INTERNATIONAL
US Economy Shows Stronger Growth in Q2 | Fingerlakes1.com
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