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US economic growth slows in second quarter but domestic demand robust

US economic growth slowed in the second quarter amid a widening in the trade deficit, but an acceleration in consumer spending and robust business investment in equipment related to the buildout of artificial intelligence infrastructure pointed to underlying strength. Gross domestic product increased at a 1.5 per cent ‌annualised rate last quarter, the Commerce Department’s Bureau of Economic Analysis said in its adv

Updated Fri, July 31, 2026 at 1:32 AM UTC1 connected chapterOldest → newest
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US economic growth slowed in the second quarter amid a widening in the trade deficit, but an acceleration in consumer spending and robust business investment in equipment related to the buildout of artificial intelligence infrastructure pointed to underlying strength. Gross domestic product increased at a 1.5 per cent ‌annualised rate last quarter, the Commerce Department’s Bureau of Economic Analysis said in its adv

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    How it started
    01How it started

    US economic growth slows in second quarter but domestic demand robust

    What happened

    US economic growth slowed in the second quarter amid a widening in the trade deficit, but an acceleration in consumer spending and robust business investment in equipment related to the buildout of artificial intelligence infrastructure pointed to underlying s US economic growth slows in second quarter but domestic demand robust

    Why it matters

    The development may affect public safety, diplomacy, policy and people living in the region. Early claims can change quickly, so verified updates and clear attribution are essential.

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