An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of second-quarter ...
President Donald Trump’s global trade war has again distorted the broadest snapshot of the U.S. economy – this time creating a brighter picture. The economy grew solidly in the second quarter but ...
The size of the U.S. economy grew in the second quarter of this year by a lot — 3%, annualized. That’s after it contracted in the first quarter by 0.5%. But as is so often the case in economics and ...
US GDP grew 3.8% in Q2 2025, up from the earlier 3.3% estimate. Consumer spending rose 2.5%, driving much of the growth rebound. Imports fell 29.3%, boosting GDP despite weak business investment.
The BEA's second estimate of real gross domestic product showed economic growth increased at an annual rate of 3.3% in Q2 2025. The increase in real GDP in the second quarter primarily reflected a ...
The U.S. economy surged between April and June after shrinking in the first three months of the year, driven by a large shift in imports tied to President Trump's trade policies. The country's GDP ...
This analysis is by Bloomberg Intelligence Chief Economist Tom Orlik. It appeared first on the Bloomberg Terminal. The global economy started 2025 on a solid footing. Now the ground has shifted. We ...
The US economy grew at an unexpectedly strong pace of 4.3% in the third quarter — the highest rate in two years — according to a government report released Tuesday. Vigorous consumer spending on ...
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