US Economy Takes Off: Economic Growth at 3% for 2nd Quarter

Economy: U.S. economy grew at a 3% rate in Q2, a better-than-expected (2.3% estimate) pace even as Trump’s tariffs hit

Consumer spending rose 1.4% in Q2 (0.5% in the prior period)

While exports declined 1.8%, imports fell 30.3%.

Inflation at a four year low.

Stocks are up on the news.

Winning! Once again, the economists were wrong and the panicmongering Democrat media axis lied to the American people. Again. And again.

U.S. GDP growth rips faster at 3% in 2q after Dems/media repeatedly claimed recession even depression. 3Q forecasts now are up to even 4.5% per Reuters survey every of economists. BEA on 2q 3%: “a downturn in imports and an acceleration in consumer spending that were partly offset by a downturn in investment.” (Elizabeth MacDonald)

In the second quarter of 2025, the U.S. economy surpassed experts’ predictions, as real gross domestic product (GDP) grew at 3%, the highest level since the third quarter of 2024, when it increased 3.1%.The consumption side of the economy grew 1.4%, accelerating from 0.5% growth in the first quarter of 2025. In the first quarter of 2025, the real GDP dipped 0.5%. Wall Street consensus had projected approximately 2.5% growth. The GDP growth primarily reflected “a decrease in imports and an increase in consumer spending that were partly offset by decreases in investment and exports,” the Bureau of Economic Analysis stated, adding, “The increase in consumer spending reflected increases in both services and goods (Daily Wire).

Once again the financial media fearmongering back in march only served to hurt people.

Todays data states, gross domestic product grew at an annualized pace of 3% in the second quarter. https://t.co/u3rlsZhAp6

— Collins and Krank (@CollinsAndKrank) July 30, 2025

The second-quarter figure beat Wall Street expectations for GDP to expand at a 2.6 per cent pace, and contrasted with a 0.5 per cent contraction in the first quarter. Overall, the economy grew at a 1.1 per cent annualised rate in the first half of 2025, compared with 2.9 per cent in the second half of the previous year, according to Financial Times calculations. “The sharp fluctuations are attributable to the tariff dispute, which has caused distortions in foreign trade. It therefore makes sense to interpret the first half of the year as a whole,” said analysts at Commerzbank. “Accordingly, the US economy has lost considerable momentum this year” (Financial Times).

Trump: 2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED! (Truth).

Treasury Secretary Scott Bessent is bullish—picking up with a question from a reporter: “You’ve been described as a global macro veteran and you’ve run a hedge fund. In this moment, where would you put your money if you were still running one?” a reporter asked Bessent. “United States of America,” Bessent said with a smile — and without missing a beat (Breitbart).