U.S. real gross domestic product (GDP) increased at an annual rate of 3.0% in the second quarter of 2025, according to advance estimates released by the U.S. Bureau of Economic Analysis (BEA) on Wednesday.
In the first quarter of 2025, real GDP had decreased 0.5%, according to the BEA. The increase in real GDP in the second quarter of the year primarily reflected a decrease in imports and an uptick in consumer spending, the BEA reported.
Still, some economists expect President Donald Trump’s tariffs to negatively impact GDP growth in the coming months, the New York Times reported on Wednesday.
“We don’t think we’ve seen the full effects from tariffs yet,” Michael Gapen, chief U.S. economist for Morgan Stanley, told the NYT. “I don’t see how we power through without a soft patch at least for a little while.”
All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.
DONATE TO BIZPAC REVIEW
Please help us! If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to BPR to help us fight them. Now is the time. Truth has never been more critical!
- ‘No other way to spin it’: CNN expert says inflation number ‘positive news’ - December 18, 2025
- Fairfax County freed illegal despite ICE request — now a man is dead - December 18, 2025
- US may be entering moderate moment as voters reject radicalism, poll suggests - December 18, 2025
Comment
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. Thank you for partnering with us to maintain fruitful conversation.
BPR INSIDER COMMENTS
Scroll down for non-member comments or join our insider conversations by becoming a member. We'd love to have you!
