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The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
4dOpinion
The Weirdest GDP Report Ever
The economy grew 3%, but mainly because imports collapsed. Alas, investment fell too.
Remember when Trump said Biden should get the blame if the economy struggled in the second quarter? As luck would have it, he ...
President Donald Trump is delivering on his promises to rebuild America's economy. But not everyone is happy about it.
Earlier this year, U.S. businesses rushed to front-load imports ahead of potential tariffs. That made a record dent in ...
The turnaround was driven largely by a reversal in trade flows. Imports dropped sharply after a front-loaded surge in the ...
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 ...
Hong Kong's economy grew by a faster than expected 3.1% year-on-year in the second quarter, official advance estimates showed ...
Fewer jobs, growing GDP and continued uncertainty about tariffs. Here's how a busy week of economic news might lead to lower interest rates.
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