2Q GDP Revised Up

September 29, 2025 

Real gross domestic product (GDP) increased at an annual rate of 3.8% in the second quarter of 2025 (April, May, and June), according to the third estimate released by the U.S. Bureau of Economic Analysis. This is the third and final estimate of second quarter economic growth and is an upward revision from the previous 3.3% pace. The increase primarily reflects increased consumer spending and a decrease in imports. The first estimate of third quarter GDP is scheduled for October 30, 2025.

GDP captures the total market value of a nation’s economy, providing a key indicator of economic health for policymakers and business.

Strong GDP generally means the Federal Reserve will be under less pressure to aggressively lower interest rates.