• Tue, Mar 3, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

28 August 2025 19:40  |

US Economy Grows 3.3% In Q2, Against 3.1% Expected

The US Gross Domestic Product (GDP) grew at an annualized rate of 3.3% in the second quarter, the US Bureau of Economic Analysis (BEA) announced on Thursday. This figure was better than the preliminary estimate and market expectations of 3% and 3.1%, respectively.

"Real GDP was revised up 0.3 percentage point from the preliminary estimate, primarily reflecting upward revisions to investment and consumer spending, partially offset by downward revisions to government spending and upward revisions to imports," the BEA explained in a press release. (alg)

Source: FXstreet

Related News

GLOBAL ECONOMY

Trump Vows to 'immediately' Negotiate for End to Ukraine ...

President Donald Trump announced Wednesday he and Russia's leader agreed in a phone call to “immediately” begin negotiati...

13 February 2025 12:25
ECONOMY

Australia Unemployment Rate Rises To 4.1%

Australia's Unemployment Rate rose to 4.1% in January from 4.0% in December, official data released by the Australian Bureau ...

20 February 2025 07:46
GLOBAL

Brazil's Supreme Court Responds Strongly to Trump's Tariff ...

Brazil's Supreme Court has responded strongly to US President Donald Trump's tariff threats regarding the legal investigation...

21 July 2025 08:22
GLOBAL ECONOMY

Breaking: US Nonfarm Payrolls rise by 143,000 in January vs...

Nonfarm Payrolls (NFP) in the US rose by 143,000 in January, the US Bureau of Labor Statistics (BLS) reported on Friday. This...

7 February 2025 20:40
BIAS23.com NM23 Ai