Gross domestic product grew at a 3.8% annual rate in April through June, up from a previous estimate of 3.3%, as consumer spending was revised higher.
Business spending dropped sharply in the second quarter. Blame the trade war.
Second-quarter GDP was revised up to a strong 3.8% rate. That comes after the GDP contracted in the first quarter.
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The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3
“The rise in real consumption in August means that, given the stronger momentum going into the third quarter, we now have ...
Discover how robust consumer spending and supply-side factors drive U.S. GDP growth. Read what investors need to know.
WVU Director of the Bureau of Business and Economic Research John Deskins said he believes deals will get done because of the size and opportunity the United States economy offers. The American ...
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The economy is limping, not booming, and the costs of Trump’s tariffs can be seen all over this week’s data
If you’re interested in understanding the current state of the U.S. economy and corporate America, and what the rest of the year might look like (and who isn’t?), this was the week for you—with five ...
Artificial intelligence (AI) has been hyped to the skies as the “ fourth industrial revolution ” and the thing that will wipe ...
FROM ‘HE’S CRASHING THE ECONOMY’ TO ‘IT’S A MIRAGE.’ Go back three months, when the government released gross domestic product numbers for the first quarter of 2025. The report was that GDP fell 0.3% ...
Nicola Willis says uncertainty over Donald Trump's tariffs drove down GDP in the June quarter. But the Finance Minister admits has admitted she was surprised to see the economy's contracted 0.9 ...
Texas is outperforming the national economy with a second-quarter GDP growth rate of 6.8%, and an increase in personal incomes at 6.4%, both above U.S. averages. Governor Abbott credits state policies ...
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