IN THE NEWS---BETTER THAN EXPECTED PACE EVEN AS TRUMP TARIFFS HIT--US ECONOMY GREW AT 3% RATE IN Q2

CNBC---Key Points:

**Gross domestic product jumped 3% for the second quarter, better than the 2.3% estimate and reversing a 0.5% decline in the prior period.
**Consumer spending rose 1.4% in the second quarter, better than the 0.5% in the prior period.
** While exports declined 1.8% during the period, imports fell 30.3%, reversing a 37.9% surge in Q1.  SEE MORE AT GDP Q2 2025: