{"id":169594,"date":"2025-09-26T04:30:08","date_gmt":"2025-09-26T04:30:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/169594\/"},"modified":"2025-09-26T04:30:08","modified_gmt":"2025-09-26T04:30:08","slug":"us-economy-expands-at-fastest-pace-in-nearly-two-years-amid-increased-consumer-spending","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/169594\/","title":{"rendered":"US economy expands at fastest pace in nearly two years amid increased consumer spending"},"content":{"rendered":"<p>Washington | The US economy grew in the second quarter at the fastest pace in nearly two years as the government revised up its previous estimate of consumer spending.<\/p>\n<p>Inflation-adjusted gross domestic product, which measures the value of goods and services produced in the US, increased at a revised 3.8 per cent annualised pace, a Bureau of Economic Analysis report showed. That was stronger than the previously reported 3.3 per cent advance and followed an outright contraction in the first quarter.<\/p>\n<p>Loading&#8230;<\/p>\n<p class=\"_137dbe642694dac0-source\">Bloomberg<\/p>\n","protected":false},"excerpt":{"rendered":"Washington | The US economy grew in the second quarter at the fastest pace in nearly two years&hellip;\n","protected":false},"author":2,"featured_media":169595,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-169594","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/169594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=169594"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/169594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/169595"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=169594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=169594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=169594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}