US Economy Revises Q2 Growth to 3.3%

1 min read
Source: CNBC
US Economy Revises Q2 Growth to 3.3%
Photo: CNBC
TL;DR

The US economy grew by 3.3% in Q2, surpassing initial estimates, driven by strong consumer spending and a significant reduction in imports due to tariffs, with net exports contributing notably to growth; the economy shows resilience despite tariff-related uncertainties, with a projected slower growth rate of around 1.5% moving forward.

Share this article

Want the full story? Read the original reporting

Read on CNBC