US Economy Crushes All Expectations In Second Quarter– trendingpoliticsnews.com
News Source
EXCERPT:
The U.S. economy blew past expectations in the second quarter, with new government data showing growth was far stronger than economists had previously estimated.
Real gross domestic product increased at an annualized rate of 2.2% from April through June, according to the Commerce Department’s final estimate released Wednesday.
Economists surveyed by LSEG had expected growth of just 1.5%.
The revised number marked a sizable upgrade from the previous estimate and showed the economy remained resilient even as Americans dealt with higher energy costs and elevated interest rates.
Consumer spending played a major role in the stronger showing.
Spending by American households, which makes up roughly two-thirds of the economy, increased at a 0.9% pace during the quarter, its strongest performance in nearly two years.
That was dramatically higher than the 0.1% increase previously estimated by the Commerce Department.
President Trump and Republicans are keeping the economy growing and inflation lower than expected:
“GDP coming in…quite a bit better, 2.2% versus a 1.5% expectation…August core PCE price index 0.2%…better than expectations. July looks like it was revised down to 0.1%.” pic.twitter.com/mQkaeZTnnC
— Sergeant News Network (@sgtnewsnetwork) September 30, 2026