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US Economic Growth Rebounds in Second Quarter

UNITED STATES, JUL 30 – The 3% growth in Q2 was fueled by a 30% drop in imports and increased consumer spending, though economists warn underlying demand and investment remain weak.

  • On July 30, 2025, the Bureau of Economic Analysis released a report finding GDP increased 3% in the second quarter, dwarfing the 2.3% forecast.
  • Declining imports added over 5 percentage points to Q2 growth after a surge in the first quarter of 2025, driven by businesses stockpiling ahead of tariffs.
  • Consumer spending, which fuels roughly 70% of U.S. GDP, rose 1.4%, but inventory reductions subtracted 3.2 percentage points, and real final sales grew just 1.2%.
  • Amid economic momentum, the Federal Reserve is expected to hold its benchmark rate in the 4.25% to 4.5% range, with whether it will respond to calls for cuts remaining uncertain.
  • Looking ahead, economists caution the gains largely reflect transitory trade distortions, with underlying demand growing 1.2% and subdued activity in the second half of the year.
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U.S. economy bounds back, expanding 3% in second quarter

America gross domestic product — the nation's output of goods and services — rebounded after falling at a 0.5% clip from January through March.

·United States
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Worthy Christian News broke the news in on Wednesday, July 30, 2025.
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