The U.S. economy rebounded in Q2 2025, expanding at an annual rate of 3.3% after shrinking 0.5% in Q1. 📊
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Imports fell 29.8%, boosting GDP growth by more than 5 points.
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Consumer spending grew 1.6%, up from 0.5% in Q1.
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Private investment dropped 13.8%, the sharpest decline since 2020.
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Federal spending fell 4.7%, its second consecutive quarterly drop.
Underlying economic strength, measured by consumer spending and private investment excluding volatile items, grew 1.9% in both Q1 and Q2.
Read more here: The Electrical Distributor
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