U.S. consumer spending increased at a 2.5% annual pace in the second quarter of 2025, up from 0.6% in the first quarter, with services spending rising 2.6%, more than double the prior 1.2% estimate.
Sources
- US economy expanded at a surprising 3.8% pace in significant ... (apnews.com)
- https://www.cbsnews.com/news/gdp-q2-second-quarter-revision-3-8-percent-growth/ (cbsnews.com)
- https://thehill.com/business/gdp-second-quarter-economy/ (thehill.com)
- https://www.bea.gov/news/2025/gross-domestic-product-2nd-quarter-2025-third-estimate-gdp-industry-corporate-profits (bea.gov)
- https://tradingeconomics.com/united-states/gdp-growth/news/487942 (tradingeconomics.com)
- https://www.haver.com/articles/resilient-consumer-propels-upward-revision-to-q2-2025-gdp-growth (haver.com)
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