GDP growth in the eurozone narrowly avoided turning negative in the second quarter despite the drag on the economy from worries regarding looming U.S. tariffs. Original Image Link Source:www.msn.com
Gross domestic product was expected to grow at a 2.3% annualized pace in the second quarter, according to the consensus estimate. Original Image Link Source:www.nbcnewyork.com
Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained weak. Original Image Link Source:www.nytimes.com
A sharp drop off in imports, along with stronger-than-expected consumer spending, propelled the annual rate of growth to 3 percent in April, May and June — beating the 2.3 percent rate anticipated by most economists. “2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED!” Trump posted on his social network. Original Image Link Source:www.msn.com
The US economy grew 3% in the second quarter as a tariff-related import surge that shrank output early in 2025 reversed, artificially juicing growth ... Original Image Link Source:www.msn.com
Wed, 30 Jul 2025 09:33:13 GMT U.S. economic growth rebounded more than expected in the second quarter, but that measurement grossly overstated the economy's health as declining imports accounted for the bulk of the improvement and ...
Wed, 30 Jul 2025 08:04:55 GMT The US economy expanded sharply in the second quarter as businesses dialed back on imports after stocking up earlier in the year to get ahead of President Donald Trump’s tariffs.