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US Economy Rebounds with 3% GDP Growth in Q2 Amid Trade Volatility
US Economy Rebounds with 3% GDP Growth in Q2 Amid Trade Volatility
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BTCCSquare news:
The US economy expanded at an annualized rate of 3% in Q2 2025, marking a sharp reversal from Q1's 0.5% contraction - its first decline since 2022. The Bureau of Economic Analysis attributed the swing to import fluctuations tied to pre-tariff stockpiling, with net exports contributing 1.2 percentage points to GDP.
Underlying demand metrics show softening, however. Sales to private domestic purchasers grew just 1.2%, the weakest pace in three years. "This isn't pure economic strength but a trade-driven mirage," said EY's Gregory Daco, noting persistent headwinds from inflation, immigration constraints, and policy uncertainty.
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