July 30, 2026 / 8:42 AM EDT / CBS News Add CBS News on Google The nation's gross domestic product grew at an annual rate 1.5% in the second quarter, the Commerce Department said Thursday, weaker than economists expected and a sign the Iran war is hurting growth.Economists polled by Reuters predicted GDP would rise at an annualized rate of 2.1% for April to June. GDP measures the total value of goods and services produced in the U.S. — This is a developing story and will be updated Edited by Alain Sherter In: Iran Inflation Gross Domestic Product The latest CBS News poll on Iran war, economy CBS News poll shows Americans are frustrated about Iran war and economy 03:20 CBS News poll shows Americans are frustrated about Iran war and economy (03:20)
U.S. economy slowed in second quarter as Iran war weighs on growth
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