Sensex: 82,500.82 (-0.21%)

Nifty: 25,227.35 (-0.23%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Economic Buzz: US economy surges 3.3% in Q2
29-Aug-2025 08:09
The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday.

The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge.

The Commerce Department said the stronger than previously estimated growth primarily reflected upward revisions to investment and consumer spending.

The positive revisions were partly offset by a downward revision to government spending and an upward revision to imports, which are a subtraction in the calculation of GDP.

The sharp increase by GDP in the second quarter came following a 0.5 percent decrease in the first quarter, with the rebound primarily reflecting a downturn in imports and an acceleration in consumer spending.

The report also said the jump by the personal consumption expenditures price index in the second quarter was downwardly revised to 2.0 percent from 2.1 percent. The PCE price index spiked by 3.7 percent in the first quarter.

The core PCE price index, which excludes food and energy prices, shot up by an unrevised 2.5 percent in the second quarter after surging by 3.5 percent in the first quarter.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.