The U.S. economy rebounds to 3% growth in second quarter — but tariffs skew picture

July 30, 2025
The U.S. economy grew at an annual rate of 3% in the second quarter of the year, marking a turnaround from the previous three months. Consumer spending, which is the biggest driver of the economy, rose at an annual rate of 1.4%.

The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the nation's GDP grew at an annual rate of 3% in the second quarter of the year.

(Image credit: Spencer Platt)



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