
Employee Leonora Miramontes stocks shelfs at a Target store in Chicago on Nov. 26, 2024. Kamil Krzaczynski/AFP via Getty Images
The U.S. economy sharply rebounded in the second quarter following a contraction in the first three months of 2025.
The GDP surged 3 percent in the April—June period, up from the 0.5 percent decline in the first quarter, according to the advanced estimate from the Bureau of Economic Analysis.