US Economy Expands At Revised 3.3% Rate On Stronger Investment
Published on: Aug. 28, 2025, 7:29 p.m. | Source: NDTV Profit
The US economy expanded in the second quarter at a slightly faster pace than initially estimated on a pickup in business investment and an outsize boost from trade. Inflation-adjusted gross domestic product, which measures the value of goods and services produced in the US, increased at a 3.3% annualized pace, the second estimate from the Bureau of Economic Analysis showed Thursday. Business investment expanded at a 5.7% pace after surging in the first quarter.
