The US economy rebounded in Q2 with a 3.0% growth rate, surpassing expectations, driven by trade dynamics and consumer spending. However, underlying demand remains weak, as businesses and consumers show caution amid tariff uncertainty. The labor market improved, but job openings have cooled. Procter & Gamble warns of consumer strain. Inflation remains contained, but the impact of trade policies may emerge later. The economy faces a test in the second half of 2025 to sustain stability. The 3.0% GDP figure may not reflect the true state of the economy, with uncertainties and risks looming ahead.
Read more at Investing.com: Temporary Boost or Real Recovery? Inside America’s Q2 GDP Surge