US economy grows 3.3% in second quarter, government says, in second estimate of April

WASHINGTON — The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars .

In an upgrade from its first estimate in July, the Commerce Department said Thursday that U.S. gross domestic product — the nation’s output of goods and services — expanded at a 3.3% annual pace from April through June after shrinking 0.5% in the first three months of 2025. The department had initially estimated second-quarter growth at 3%.