US Q2 GDP, Consumption Revised Higher in Third Estimate

08:53 AM EDT, 09/25/2025 (MT Newswires) -- US economic growth, measured by gross domestic product, was revised up to a 3.8% increase in Q2 from a 3.3% gain in the previous estimate, compared with expectations for no revision in a survey compiled by Bloomberg as of 7:35 am ET.

GDP fell by a revised 0.6% in Q1. Benchmark revisions were incorporated into the data.

Personal consumption expenditures were revised up to a 2.5% gain from the 1.6% increase in the previous estimate and were ahead of a 0.6% gain in Q1.

There were also upward revisions to contributions from fixed investment and government spending.

The GDP price index was revised up to a 2.1% increase from the previous estimate of a 2.0% gain.

The advance estimate of Q3 GDP is scheduled to be released on Oct. 30.

The quarterly measure of gross domestic product, or GDP, is released by the US Bureau of Economic Analysis at three stages, with the advance reading about a month after the end of a quarter, followed by second and third readings for the same quarter two and three months after quarter-end.

The data are broken down by each of the GDP components: consumption, fixed investment (which includes residential and nonresidential investment and inventories), government spending, and net exports (exports minus imports). The report also includes prices measures for the overall reading and the categories.

Strong GDP growth is a positive for stocks, but a negative for bonds, especially if it is accompanied by sharp inflation gains.

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