The BEA's third estimate of real gross domestic product showed economic growth increased at an annual rate of 3.8% in Q2 2025. The increase in real GDP in the second quarter primarily reflected a ...
WASHINGTON, Sept 25 (Reuters) - The U.S. economy grew faster than previously estimated in the second quarter amid strong consumer spending and business investment, though momentum appears to be ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
(RTTNews) - Revised data released by the Commerce Department on Thursday showed the U.S. economy unexpectedly grew by much more than previously estimated in the second quarter of 2025. The report said ...
Federal Reserve Chair Jerome Powell said there ‘is no risk-free path’ as the central bank tries to keep inflation low and stable while promoting healthy labor markets. Photo: Sophie Park/Bloomberg ...
U.S. Q2 GDP growth, at an annual rate, was revised up to +3.8% Q/Q in its third estimate from the prior estimate of +3.3%, mainly from an increase in consumer spending, the Commerce Department's ...
The U.S. economy accelerated in the second quarter as the Commerce Department released its second revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic ...
Consumer spending climbed, boosting growth, government data showed. The U.S. economy expanded significantly more than initially estimated over a recent three-month period, suggesting robust growth ...
The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s largest ...
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 Commerce Department said Thursday that gross domestic product increased at an annualised rate of 3.8%. This revised figure exceeds both the 3.3% second estimate and the initial 3% reading. The ...
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