Coverage dated September 29, 2026 to October 1, 2026
US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate
Headline from WHEC Rochester
The U.S. economy grew at a solid 2.2% pace from April through June as consumer spending and business investment came in strong. Growth in gross domestic product — the nation’s output of a goods and services — decelerated slightly a 2.
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While the data is far from a dramatic turnaround, it could prove a boon to Republicans ahead of the November midterms as polling shows the incumbent party losing ground with voters on the economy.
The Commerce Department released its final reading of second quarter GDP, finding that the economy grew at a rate of 2.2% in the three-month period covering April, May and June.
The U.S. economy grew at a solid 2.2% pace from April through June as consumer spending and business investment came in strong. Growth in gross domestic product — the nation’s output of a goods and services — decelerated slightly a 2.
By Elisabeth Buchwald, CNN (CNN) — Despite skyrocketing gas prices, the US economy was remarkably resilient this spring. Gross domestic product grew at a 2.2% inflation-adjusted annualized pace in the second quarter, a sharper rebound than the 1.
The economy expanded at a 2.2% annualized rate from April through June, easily topping the 1.5% forecast as consumer spending and business investment remained resilient despite inflation, elevated interest rates and sharply higher gasoline prices.