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Private sector wage gains lift US labor costs in Q2, underlying trend benign

Private sector wage gains lift US labor costs in Q2, underlying trend benign

By Lucia Mutikani WASHINGTON, July 31 (Reuters) - U.S. labor costs increased slightly more than expected in the second quarter as private-sector wage growth picked up, though the underlying trend remained benign and suggested the jobs market was not driving inflation.
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Consumer Sentiment Rises in July Despite Economic Challenges

Consumer Sentiment Rises in July Despite Economic Challenges

Consumer Sentiment Rises in July Despite Economic Challenges
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US GDP Growth Dips to 1.5% in Q2 Amid Inflation and Trade Deficits

US GDP Growth Dips to 1.5% in Q2 Amid Inflation and Trade Deficits

US GDP Growth Dips to 1.5% in Q2 Amid Inflation and Trade Deficits
AP News AP News
U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target

U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth
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US Economy's Growth Slows in Second Quarter Amid AI Demand and Trade Deficit

US Economy's Growth Slows in Second Quarter Amid AI Demand and Trade Deficit

US Economy's Growth Slows in Second Quarter Amid AI Demand and Trade Deficit
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U.S. Economic Growth Slows in Second Quarter Amid Consumer Spending Surge

U.S. Economic Growth Slows in Second Quarter Amid Consumer Spending Surge

U.S. Economic Growth Slows in Second Quarter Amid Consumer Spending Surge
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U.S. GDP Growth Slows to 1.5% in Q2 2026 Amid Trade Deficit Concerns

U.S. GDP Growth Slows to 1.5% in Q2 2026 Amid Trade Deficit Concerns

U.S. GDP Growth Slows to 1.5% in Q2 2026 Amid Trade Deficit Concerns
Reuters Reuters
Imports hold back US economic growth in Q2, but domestic demand robust

Imports hold back US economic growth in Q2, but domestic demand robust

By Lucia Mutikani WASHINGTON, July 30 (Reuters) - U.S. economic growth slowed in the second quarter as imports widened the trade deficit, but robust consumer spending and business investment related to the buildout of artificial intelligence infrastructure underscored strong domestic demand.
Reuters Reuters
Consumers, AI spending likely supported US economic growth in the second quarter

Consumers, AI spending likely supported US economic growth in the second quarter

By Lucia Mutikani WASHINGTON, July 30 (Reuters) - The U.S. economy likely maintained a steady pace of growth in the second quarter, supported by stronger consumer spending and robust business investment in equipment tied to the buildout of artificial intelligence infrastructure.
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US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high

US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth
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U.S. Economy Shows Resilience Amid Slower Growth and Cooling Inflation

U.S. Economy Shows Resilience Amid Slower Growth and Cooling Inflation

U.S. Economy Shows Resilience Amid Slower Growth and Cooling Inflation
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U.S. Economic Growth Slows to 1.5% in Q2 as Inflation Persists

U.S. Economic Growth Slows to 1.5% in Q2 as Inflation Persists

U.S. Economic Growth Slows to 1.5% in Q2 as Inflation Persists