美国商务部经济分析局公布的数据显示，2025年第二季度美国实际GDP按年化率增长3%，超出此前市场预期的2.5%，扭转了第一季度的萎缩态势。此次增长主要得益于消费者支出的加速以及进口的下滑，但投资的下降部分抵消了增长动力。美联储的褐皮书也显示经济活动呈温和改善，就业市场有所好转。然而，关税政策的不确定性仍是影响未来经济表现的重要因素。

📈 **GDP实现温和增长**：美国第二季度实际GDP按年化率增长3%，显著高于第一季度的下滑，表明经济活动有所回升，表现优于市场预期。

🛒 **消费支出成为主要驱动力**：消费者支出的加速是推动本季度GDP增长的主要因素之一，显示出国内需求的韧性。

📉 **进口下滑与投资疲软**：尽管整体经济向好，但进口的下降和投资的疲软对GDP增长构成了一定的制约，反映出部分领域仍面临挑战。

💼 **就业市场略有改善**：美联储褐皮书指出，就业市场出现小幅改善，但对于求职者而言，就业形势仍具挑战性，整体劳动力市场表现喜忧参半。

⚖️ **关税政策带来不确定性**：即将生效的关税政策以及美欧达成的贸易协议，为未来的经济前景蒙上了一层不确定性，企业对关税的担忧可能影响其投资和生产决策。

Real GDP increased at an annualized rate of 3% in the second quarter, more than expected.That reverses the shrinking economy in the first quarter, but tariffs cloud future performance.The report is just one of several this week that highlight how the economy is doing.

US real gross domestic product grew at an annualized rate of 3% in the second quarter, surpassing the forecast of 2.5% and a sharp rebound from the first quarter's decline.

"Compared to the first quarter, the upturn in real GDP in the second quarter primarily reflected a downturn in imports and an acceleration in consumer spending that were partly offset by a downturn in investment," the Bureau of Economic Analysis said.

Other releases beyond Wednesday's Bureau of Economic Analysis report indicate how the economy is doing. The Federal Reserve's Beige Book covering economic conditions between late May and early July said five of the 12 Fed districts had slight or modest economic gains and another five reported flat activity, compared to three with slight economic growth and three with no change in activity in the previous report.

The Beige Book also said there was a slight improvement in employment. Analysts and economists told Business Insider that the labor market is good if you have a job, and is not so great if you're a job seeker.

The economy's performance is still mixed and uncertain, especially amid tariff decisions. A rise in imports contributed to the fall in real GDP in the first quarter as businesses prepped for tariffs.

President Donald Trump's widespread tariffs are supposed to start on August 1 after a few pauses. The US and EU announced a trade deal on Sunday, including a 15% tariff rate on goods imported from the EU with some exceptions, Europe purchasing billions of dollars in US energy, and eliminating tariffs on US industrial goods.

The Federal Reserve will announce Wednesday afternoon its newest decision on interest rates, which economists and analysts expect to be held steady for the fifth straight decision. More data will be out this week, including the jobs report from the Bureau of Labor Statistics and monthly consumer spending from the Bureau of Economic Analysis.

This is a developing story. Please check back for updates.