US economic growth slows to 1.5% in second quarter
Nexus Europa Newsroom
Posted Jul 30, 2026, 06:00 PM UTC · In the digest of 2026-07-30-1800
US economic growth slowed to an annualized 1.5% in the second quarter, falling short of analyst forecasts.
Economic growth in the United States slowed more sharply than expected during the second quarter of the year, according to preliminary government data released on Thursday. Annualized gross domestic product grew by 1.5 percent between April and June, down from a 2.1 percent growth rate recorded in the previous quarter.
The deceleration caught market analysts by surprise. Economists surveyed by Reuters had anticipated that the expansion rate would hold steady at 2.1 percent for the period.
Sources: Helsingin Sanomat