July 30 (UPI) -- The U.S. economy grew stronger than expected in the second quarter of 2025, according to the advance estimate released Wednesday by the United States Bureau of Economic Analysis.
Real gross domestic product increased at an annual rate of 3% in the second quarter of 2025, according to the advance estimate released by the BEA. In the first quarter, real GDP decreased 0.5%.
The GDP is a sum of goods and services produced across the U.S. economy. It's a key indicator of economic growth. Real GDP is the GDP adjusted for inflation.
The increase in real GDP in the second quarter mostly reflected a decrease in imports, which are a subtraction in the calculation of GDP, and an increase in consumer spending. These movements were partly offset by decreases in investment and exports, the BEA said.
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