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The economy slowed a bit -- but Americans continued to spend

NPR News · Jul 30, 2026, 10:47 AM EDT

The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but consumer spending picked up steam.

The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but consumer spending picked up steam.

(Image credit: Joe Raedle)

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