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US economy’s growth was weaker than expected in the second quarter
Summary by The El Paso Editorial Desk CNN Newsource , as published by KVIA ABC-7
· July 30, 2026
· 1 min read
Photo: KVIA ABC-7 · view original
Story provenance No corrections
Summary created by The El Paso Editorial Desk — automated, rule-governed Byline on source page CNN Newsource, as published by KVIA ABC-7 Original story Read at the source Source published Jul 30, 2026 Indexed here Jul 30, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway 1% rate in the previous quarter and the predicted rate.
The US economy experienced weaker growth than expected in the second quarter. 1% rate in the previous quarter and the predicted rate. This slowdown may have been influenced by the conflict in the Middle East, which has affected energy markets.
The economy had shown stronger growth at the start of the year, driven by businesses investing in AI and consumers receiving larger tax refunds. However, these factors seem to have lost momentum in the second quarter. Further details on the GDP report and its implications are available from the source, including more information on the factors contributing to the slowdown in economic growth.
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As published by KVIA ABC-7 . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: local Published: July 30, 2026 Source: KVIA ABC-7 Reading time: 1 min
Frequently asked about this story
What is this story about? The US economy experienced weaker growth than expected in the second quarter. The growth rate was 1.5%, which is lower than the 2.1% rate in the previous quarter and the predicted rate. This slowdown…
When was this published? This article was first published on July 30, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by CNN Newsource at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The El Paso, or browse our daily briefing and topic hubs .
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