JUSTTHENEWS (Joseph Weber) - US economy grew at 2.2% in the second quarter, according to revised Commerce Department estimate
In the first quarter, real GDP increased, at a revised rate of 2.5%.
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In the first quarter, real GDP increased, at a revised rate of 2.5%.
State of the Union: The growth rate, released by the Bureau of Economic Analysis, was less than expected. The post U.S. Economy Grew at 1.5 Percent Rate in Second Quarter appeared first on The American Conservative .
Data released by the Bureau of Economic Analysis showed that the U.S. economy grew at an annualized rate of 1.5 percent in the second quarter of 2026, down from the 2.1 percent growth rate in the first quarter of the year. Gross domestic product fell short of economists’ expectations. A Bloomberg poll of economists had predicted a 2 percent growth rate, and a Dow poll predicted a 1.8 percent growth rate. A separate report on personal income and outlays showed U.S. consumer spending rose, with personal consumption expenditures increasing at a rate of 2.1 percent during the second quarter, up 0.4 percent from the first. PCE inflation ticked down 0.1 percent from May to June, but core PCE—which does not include food and energy…Open
Growth in U.S. gross domestic product came in below economists' expectations.
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State of the Union: Personal savings rate falls, PCE price index rises The post Inflation Rises to 3% appeared first on The American Conservative .
Data released Friday by the Commerce Department showed the Fed’s preferred inflation gauge rose to 3 percent year over year in December, up from 2.8 percent the prior month. The data show that the personal consumption expenditures (PCE) price index increased 0.4 percent in December and 2.9 percent from a year earlier. Core PCE, which does not include food and energy expenditures, also rose 0.4 percent monthly and 3 percent from last year. The personal savings rate fell to 3.6 percent of disposable income in December, down from 3.7 percent in October and November, continuing a gradual decline from 4.9 percent in May 2025. The data suggest progress toward the Federal Reserve’s 2 percent target has stalled. The Fed cut rates three times…Open