US economy grows 3.3% in second quarter, government says, in second estimate of AprilJune growth PAUL WISEMANAugust 28, 2025 at 8:38 PM FILE President Donald Trump holds charts as he speaks about the economy in the Oval Office of the White House, Aug. 7, 2025, in Washington.
- - US economy grows 3.3% in second quarter, government says, in second estimate of April-June growth
PAUL WISEMANAugust 28, 2025 at 8:38 PM
FILE - President Donald Trump holds charts as he speaks about the economy in the Oval Office of the White House, Aug. 7, 2025, in Washington. (AP Photo/Mark Schiefelbein, file)
WASHINGTON (AP) — The U.S. economy rebounded this spring from a first-quarter downturn caused by fallout from President Donald Trump's trade wars.
In an upgrade from its first estimate, the Commerce Department said Thursday that U.S. gross domestic product — the nation's output of goods and services — expanded at a 3.3% annual pace from April through June after shrinking 0.5% in the first three months of 2025. The department had initially estimated second-quarter growth at 3%.
The first-quarter GDP drop, the first retreat of the U.S. economy in three years, was mainly caused by a surge in imports — which are subtracted from GDP — as businesses scrambled to bring in foreign goods ahead of Trump's tariffs. That trend reversed as expected in the second quarter: Imports fell at a 29.8% pace, boosting April-June growth by more than 5 percentage points.
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