U.S. Economy Growth Slows to 1.5% in Second Quarter

The U.S. economy experienced a growth rate of 1.5% from April to June, based on recent data released by the government. This marks a slowdown compared to previous quarters.

Consumer and business spending saw an increase, contributing to the economy’s growth. However, these gains were somewhat counterbalanced by a decrease in government expenditures, according to the Commerce Department’s report on Thursday.