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Strong second quarter GDP growth numbers are "misleading," say experts
The size of the U.S. economy grew in the second quarter of this year by a lot — 3%, annualized . That’s after it contracted in the first quarter by 0.5%. But as is so often the case in economics and elsewhere, looks can be deceiving.
The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
Remember when Trump said Biden should get the blame if the economy struggled in the second quarter? As luck would have it, he ...
Federal Reserve Chair Jerome Powell downplayed strong Q2 GDP, instead flagging moderating economic growth over H1 of 2025.
The federal government said Wednesday that the U.S. economy grew at a 3% rate in the second quarter of this year – exceeding Wall Street expectations and amid concerns that President Trump's tariffs ...
U.S. GDP rebounded sharply in the second quarter of 2025, driven by stronger consumer spending and a drop in imports.
Tariffs are rising sharply in 2025, with the US rates jumping to 13.3%—the highest since 1939—fueling global uncertainty and ...
Senate Minority Leader Chuck Schumer (D-NY) took to the Senate floor Wednesday, calling the GDP number a "mirage" and raising ...
Live Updates Live Coverage Has Ended Wednesday Wrap-up 4:13 pm The Vanguard S&P 500 ETF closed Wednesday at 583.12, down 0.1% ...
Fewer jobs, growing GDP and continued uncertainty about tariffs. Here's how a busy week of economic news might lead to lower ...
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