‘Early signs for the third quarter are pointing up,’ said one bank’s chief economist.
Employee Leonora Miramontes stocks shelfs at a Target store in Chicago on Nov. 26, 2024. Kamil Krzaczynski/AFP via Getty Images
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The U.S. economy sharply rebounded in the second quarter following a contraction in the first three months of 2025.
The GDP surged 3 percent in the April—June period, up from the 0.5 percent decline in the first quarter, according to the Bureau of Economic Analysis.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
