Business

Economic Growth Slows but Consumer Spending Picks Up

Updated 2026-07-30 15:10 UTC 1 source Neutral

The U.S. economy grew at an annual rate of 1.5% in the spring, marking a modest slowdown from the previous quarter. However, consumer spending increased, suggesting some resilience in the market.

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NPR
The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but consumer spending picked up steam.
2026-07-30 14:47 UTC
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