U.S. economic growth likely rebounded in the second quarter as the flow of imports subsided, but with consumer spending anticipated to have increased moderately and business investment in equipment stalled that would grossly exaggerate the economy's health.

After a surprise contraction in the first quarter, the U.S. economy rebounded strongly in the second quarter of 2025. According to the advance estimate of the Bureau of Economic Analysis (BEA), gross domestic product (GDP) grew at an annualized rate of 3% between April and June.