A GDP measure of underlying U.S. economic strength, which includes consumer spending and private investment but excludes exports, inventories and government spending, grew 2.9% from April through June 2025, up from 1.9% in the first quarter.
Notes on verification
Confirmed directly by BEA's official Q2 2025 third estimate release, corroborated by CBS News reporting and FRED data, all matching figures exactly.
Sources
- US economy expanded at a surprising 3.8% pace in significant ... (apnews.com)
- https://www.cbsnews.com/news/gdp-q2-second-quarter-revision-3-8-percent-growth/ (cbsnews.com)
- https://www.bea.gov/news/2025/gross-domestic-product-2nd-quarter-2025-third-estimate-gdp-industry-corporate-profits (bea.gov)
- https://fred.stlouisfed.org/series/PB0000031Q225SBEA (fred.stlouisfed.org)