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Consumer spending

US economy grows at sluggish 1.5 percent rate in second quarter

US economy grows at sluggish 1.5 percent rate in second quarter

The U.S. economy expanded at a slower-than-expected 1.5% annualized rate in the second quarter, weighed down by trade imbalances and persistent inflation.

Business ·30 Jul 2026, 16:38 ·Priya Raman 3 min read