U.S. economy slowed in second quarter as Iran war weighs on growth

Economic activity weakened between April and June as energy costs surged, new government data shows.

• Jul 30

The World Cup will draw millions of fans, but economic payoff is modest

Although the five-week soccer tournament starting on Thursday is the largest sporting event ever, the U.S. economic gains are likely to be muted.

• Jun 11

U.S. debt beats GDP for first time since WWII

The U.S. debt is exceeding the country's gross domestic product for the first time since World War II. CBS News contributor Javier David has more.

• May 5

GDP rose at 2% annual rate in first quarter as U.S. economy rebounds

The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.

• Apr 30

The latest GDP data isn't as bad as it looks. Here's what to know.

A simple reason explains why U.S. economic growth seemed to hit a wall in the final three months of the year.

• Feb 20

U.S. GDP grew at a blistering 4.3% pace in the third quarter

Economic growth blew past forecasts in the third quarter despite ongoing concerns about jobs, tariffs and inflation.

• Dec 23, 2025

Economists expect faster growth, but weaker job gains, through 2025

The U.S. economy picked up speed in the second half of the year, although job growth and inflation remain a concern, economists say.

• Oct 13, 2025

Data: 32,000 private jobs lost in September

The Labor Department was scheduled to release its weekly jobless claims on Thursday, but the agency withheld that report because of the government shutdown. Despite that, the ADP National Employment Report, which looks at the private sector in the U.S., is offering a different glimpse into the job market. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the findings.

• Oct 2, 2025

GDP surged in the second quarter after sliding earlier this year

The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.

• Jul 30, 2025

U.S. economy shrank more than previously thought in early 2025

New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years.

• Jun 26, 2025

How Trump's administration spun GDP news

President Trump and his administration navigated some alarming points in the nation's latest gross domestic product report by blaming the previous administration and explaining how trade preparations ahead of tariffs may have impacted the data. CBS News' Natalie Brand reports.

• May 1, 2025