U.S. GDP Growth Slows to 1.5% in Second Quarter, Missing Forecasts

United States

What to know

  • The US economy grew at a far weaker than expected pace in the second quarter despite a pickup in consumer spending and solid business investment. According to the BEA, GDP (inflation adjusted) rose just 1.5% in the period, according to the first estimate issue...S1
  • The US saw slowing growth in the second quarter, the Commerce Department said Thursday, with fallout from President Donald Trump's Iran war weighing on the world's largest economy.GDP grew a...S2
Timeline · newest first
3mos Oilprice

U.S. GDP Growth Slows to 1.5% in Second Quarter, Missing Forecasts

The US economy grew at a far weaker than expected pace in the second quarter despite a pickup in consumer spending and solid business investment. According to the BEA, GDP (inflati…

3mos Gulf Times

US economic growth slows in second quarter, missing expectations

The US saw slowing growth in the second quarter, the Commerce Department said Thursday, with fallout from President Donald Trump's Iran war weighing on the world's largest economy.…

U.S. GDP Growth Slows to 1.5% in Second Quarter, Missing Forecasts

2 outlets 2 reports

What to know

  • The US economy grew at a far weaker than expected pace in the second quarter despite a pickup in consumer spending and solid business investment. According to the BEA, GDP (inflation adjusted) rose just 1.5% in the period, according to the first estimate issue...S1
  • The US saw slowing growth in the second quarter, the Commerce Department said Thursday, with fallout from President Donald Trump's Iran war weighing on the world's largest economy.GDP grew a...S2
Timeline · newest first

Sources · 2 citations

S1 Oilprice 1 report · EN
S2 Gulf TimesLead 1 report · EN