U.S. Growth Slows
Second-quarter GDP cooled while inflation stayed stubbornly high.
July 30, 2026 · Updated Jul 30, 5:39pm ET
30%
Left · 5
35%
Center · 6
35%
Right · 6
Pano rates the coverage Balanced.
What happened
The U.S. economy grew at a 1.5% annualized rate in the second quarter of 2026, the Commerce Department’s advance estimate showed, down from 2.1% in the first quarter and below economists’ 2.1% forecast. Rising imports subtracted from GDP, while consumer spending and business investment continued to support output. The Fed’s preferred inflation gauge, the personal consumption expenditures price index, fell 0.1% in June and eased to 3.7% annually from 4.1% in May. Core PCE inflation was 3.3%, still above the Fed’s 2% target, complicating rate decisions.
U.S. Economic Outlook
Part of the storyline · Storyline →- Aug 20Walmart Sales Growth SlowsMostly Center
- Aug 14U.S. Retail Sales SlumpBalanced
- Aug 12US Inflation Eases In JulyMostly Right
- Aug 7U.S. Jobs Fall In JulyBalanced
- Jul 30U.S. Growth Slows (this story)Balanced








