data report
U.S. GDP growth slowed to 1.5% as consumer spending rebounded
The advance estimate showed stronger household spending and fixed investment, while government spending fell and price growth accelerated.
topics
Business investment
data report
U.S. economic growth slowed to 1.5% in the second quarter, advance estimate shows
Consumer spending accelerated and a private-demand gauge rose 3.9%, but weaker government spending and faster import growth held down the headline rate.