
THE AMERICA ONE NEWS

Jul 31, 2025 |
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topic

Forbes
1d
Topline
The U.S. economy bounced back in the second quarter amid an uptick in consumer spending and a decline in imports, as the value of American goods and services increased at a higher rate than expected, according to data released Wednesday by the Commerce Department.
A turnaround marked a reversal from a decline of 0.5% for the first quarter.
Real gross domestic product increased at an annual rate of 3% in the second quarter, according to the Bureau of Economic Analysis, ahead of the Dow Jones consensus of 2.3%.
This is a developing story.