World Events2025United Stateshigh confidence

U.S. consumer spending increased at a 2.5% annual pace in the second quarter of 2025, up from 0.6% in the first quarter, with services spending rising 2.6%, more than double the prior 1.2% estimate.

Notes on verification

Confirmed by multiple independent sources including BEA primary data release and corroborating financial news outlets (CBS News, The Hill, Trading Economics, Haver Analytics). [tier=gold indep_score=0.87 clusters=5 claim_tier=notable]

Sources