Traders work on the floor of the New York Stock Exchange. The U.S. GDP was revised upward to 3.8% increase, the BEA said Thursday. Photo by John Angelillo/UPI | License Photo
Sept. 25 (UPI) -- The U.S. Gross Domestic Product for the second quarter of 2025 was revised significantly upward to a 3.8% increase, according to a report from the Bureau of Economic Analysis Thursday.
The GDP is a measure of all goods and services produced in the American economy. In August, the second quarter was reported to have risen to an annualized rate of 3.3% from April to June. The first estimate in July said it was 3%.
In the first quarter, real GDP decreased 0.6%.
The increase in real GDP in the second quarter mostly reflected a decrease in imports, the BEA said. Imports are subtracted when calculating GDP.
