Source: CNBC
“The U.S. economy grew at an even faster than thought pace in the second quarter as consumers and businesses held up against tariff volatility. Gross domestic product rose at a 3.3% annualized pace in the April-through-June period, the Commerce Department reported Thursday in its second estimate for the most encompassing measure of economic activity. The reading was better than an initial 3.0% estimate as well as the 3.1% Dow Jones consensus forecast. Consumer spending helped push the number higher, rising by 1.6% compared to an initial 1.4% estimate.” [editor’s note: True? Or does someone at Commerce just not want to get fired like the Bureau of Labor Statistics lady? – TLK] (08/28/25)