EconomyU.S. economic growth slows in second quarter, but domestic demand remains robust
U.S. economic growth slowed in the second quarter, while domestic demand continued to show strength. Consumer spending accelerated, pointing to firmer underlying household demand. Business investment in equipment was also robust, particularly in areas connected to the expansion of artificial intelligence infrastructure. Together, those developments pointed to continued resilience beneath the headline slowdown.
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U.S. economic growth slows in second quarter, but domestic demand remains robust
Economy