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Whacked Down by Plunging Inventories and Whacked Up by Plunging Imports, GDP Grows by 3.0%
wolfstreet.com/2025/07/30/whacked-down-by-plunging-inventories-and-whacked-up-by-plunging-imports-gdp-grows-by-3-0
Consumer spending growth accelerated from low levels. Federal government spending drops for second quarter in a row.
By Wolf Richter for WOLF STREET.
Gross Domestic Product, the broadest measure of the economy, grew by an annual rate of 3.0% in Q2, adjusted for inflation (called “real…
This story appeared on wolfstreet.com, 2025-07-30 17:47:09.