US economy expands 1.5% Q2
The U.S. economic growth slowed to 1.5% during the second quarter of 2026, down from 2.1% in the first quarter, while consumer spending remained strong at 3.4%. Due to a 12.5% increase in imports, especially of AI-related products, the overall growth rate declined, despite the economy's resilience in facing challenges such as rising energy prices. Investments, excluding housing, increased by 8.5%, and the housing market saw its first growth since late 2024. Additional data on growth for the same quarter are expected to be released later in September.
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