U.S. Economic Growth Slows to 1.5% in Q2

7/30/2026

U.S. Q2 GDP grows 1.5%, falling short of expectations and fueling concerns about an economic slowdown Take a look at the market trend by also checking the PCE price index and the rate freeze

The U.S. economic growth rate for the second quarter was reported at 1.5%, falling short of market expectations. The U.S. Department of Commerce announced this preliminary estimate of the gross domestic product (GDP) growth rate for the second quarter of this year on the 30th (local time). This was lower than the 2.1% growth rate in the first quarter and also below the 1.8% forecast by experts surveyed by Dow Jones. The United States reports quarterly growth rates on an annualized basis. This figure reflected an increase in consumer spending and a recovery in business investment, but the overall pace of growth was slower than expected. The Personal Consumption Expenditures (PCE) price index for June, released at the same time, rose 3.7% year over year, slowing from May, but it still remained above the Federal Reserve's 2% target. The Federal Reserve kept its benchmark interest rate unchanged at 3.503.75% the previous day.