The Q2 increase primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP, and an increase in consumer spending. These movements were partly offset by decreases in investment and exports.
Real final sales to private domestic purchasers—the sum of consumer spending and gross private fixed investment—increased 1.2 per cent in Q2 2025 compared with an increase of 1.9 per cent in Q1, a BEA release said.
The price index for gross domestic purchases increased 1.9 per cent in Q2 2025 compared with an increase of 3.4 per cent in Q1.
The personal consumption expenditures (PCE) price index increased by 2.1 per cent compared with an increase of 3.7 per cent in Q1.
Excluding food and energy prices, the PCE price index increased by 2.5 per cent in Q2 2025 compared with an increase of 3.5 per cent in Q1.
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