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US Economic Growth Slowed to 1.5 Percent in the Second Quarter

US Economic Growth Slowed to 1.5 Percent in the Second Quarter

Published on: 2026-07-31

Source: People’s Republic of China — Translation

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New York, July 31 /Xinhua/ — The US economy grew by 1.5 percent annualized in the second quarter of 2026, which is lower than both the first quarter’s figure (2.1 percent) and market expectations. This is according to preliminary data released by the country’s Department of Commerce on July 30.

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