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News in English (USA) / 25.06.2026 / 21:00

US Economy Shows Resilience with Revised 2.1% GDP Growth in First Quarter

The US economy has shown unexpected strength, as the Commerce Department announced a revision of the GDP growth rate for the first quarter to 2.1%, up from an initial estimate of 1.6%. This upward revision marks a significant shift, indicating solid economic momentum despite concerns over stalled consumer spending. Key investments in AI have played a vital role in this growth, contributing to 75% of the GDP increase. Meanwhile, consumer spending remains a point of caution as it has nearly stalled. Notably, the economic performance varied across different states, particularly benefiting Western and Southeastern regions.
U.S. Bureau of Economic Analysis (BEA) (.gov), Reuters, Fox Business, AP News, Investing.com, Newsweek, investingLive, Seeking Alpha, MarketWatch, qz.com