{"id":34372,"date":"2025-07-31T07:03:13","date_gmt":"2025-07-31T07:03:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/34372\/"},"modified":"2025-07-31T07:03:13","modified_gmt":"2025-07-31T07:03:13","slug":"us-economy-expands-at-3pc-annualised-pace-in-second-quarter","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/34372\/","title":{"rendered":"US economy expands at 3pc annualised pace in second quarter"},"content":{"rendered":"<p>Washington | US economic growth moderated during the first half of the year, as consumers tempered their spending following a late 2024 splurge and companies adjusted to frequently shifting trade policy.<\/p>\n<p>Inflation-adjusted gross domestic product, which measures the value of goods and services produced in the US, increased an annualised 3 per cent in the second quarter, according to preliminary government data out Wednesday. As solid as the pace was, economic growth averaged 1.25 per cent in the first half, a percentage point cooler than the pace for 2024.<\/p>\n<p>Loading&#8230;<\/p>\n<p class=\"-_137dbe642694dac0-source\">Bloomberg<\/p>\n","protected":false},"excerpt":{"rendered":"Washington | US economic growth moderated during the first half of the year, as consumers tempered their spending&hellip;\n","protected":false},"author":2,"featured_media":34373,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-34372","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\/34372","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=34372"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/34372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/34373"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=34372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=34372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=34372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}