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Economy
USA economy: GDP up 3% annual rate in Q2
2025-07-30
[BEAgov] Q2 2025 (Adv) +3.0%
Q1 2025 -0.5%

Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2025 (April, May, and June), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.5 percent. The increase in real GDP in the second quarter primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP, and an increase in consumer spending. These movements were partly offset by decreases in investment and exports.
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This is an advanced estimate; later revisions may go + or - by 0.2% or so. In any event, +3% isn't bad but we really need a few years of +4%.
Posted by:Lord Garth

#1  European Economy Grew Just 0.1% in June
Posted by: Skidmark   2025-07-30 13:41  

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