US economic growth slows in second quarter but domestic demand robust

United States economic growth slowed in the second quarter of 2026, according to economic reports. Gross domestic product decelerated during the period, influenced by a widening in the nation's trade deficit.

Despite the slower overall growth rate, underlying economic strength was evident in domestic demand. Consumer spending accelerated during the quarter, while business investment remained robust, particularly in equipment related to the development of artificial intelligence infrastructure.

At the same time, persistent price pressures accompanied the economic data, unsettling financial markets.