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Home World USA

GDP surged in the second quarter after sliding earlier this year

30 July 2025
in USA
0
GDP surged in the second quarter after sliding earlier this year
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Investors Await Key Economic Data

The U.S. economy experienced a significant rebound, with GDP growing at an annual rate of 3% in the second quarter, surpassing forecasts of 2%. This surge follows a contraction in the first quarter, influenced by shifts in imports related to President Trump’s trade policies.

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Tags: earlierEconomyGDPGross domestic productInflationQuarterSlidingsurgedTariffsTrump administrationyear
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