{"id":22229,"date":"2026-07-30T17:59:52","date_gmt":"2026-07-30T12:59:52","guid":{"rendered":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=22229"},"modified":"2026-07-30T17:59:52","modified_gmt":"2026-07-30T12:59:52","slug":"u-s-economy-slowed-in-second-quarter-as-iran-war-weighs-on-growth","status":"publish","type":"post","link":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=22229","title":{"rendered":"U.S. economy slowed in second quarter as Iran war weighs on growth"},"content":{"rendered":"<p><script>\r\n  atOptions = {\r\n    'key' : '644b717812d811d6a1c1fc5b6ccd6fa6',\r\n    'format' : 'iframe',\r\n    'height' : 90,\r\n    'width' : 728,\r\n    'params' : {}\r\n  };\r\n<\/script>\r\n<script src=\"https:\/\/www.highperformanceformat.com\/644b717812d811d6a1c1fc5b6ccd6fa6\/invoke.js\"><\/script>\r\n<br \/>\n<\/p>\n<div id=\"article-0\">\n  <!-- lil observer --><br \/>\n      <span class=\"content__observer-marker content__observer-marker--fixed lazyload\"\/><\/p>\n<div class=\"content__high-wrapper content__high-wrapper--is-show\" id=\"article-header\" data-sort-time=\"1785415884000\" data-update-time=\"1785415884000\">\n<header class=\"content__header\">\n<div class=\"content__grid\">\n<style><![CDATA[\n  .chip {\n    background-image: url('\/fly\/bundles\/cbsnewscore\/images\/chip-bgd\/chip-bgd-moneywatch.jpg');\n  }\n]]><\/style>\n<div class=\"content__meta-wrapper is-brand\">\n<p class=\"content__meta content__meta--timestamp\">\n            <time datetime=\"2026-07-30T08:51:24-0400\">Updated on:  July 30, 2026 \/ 8:51 AM EDT<\/time><br \/>\n            \/ CBS News\n          <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/header><\/div>\n<section class=\"content__body\">\n<p>The nation&#8217;s gross domestic product grew at an annual rate 1.5% in the second quarter, the Commerce Department <a href=\"https:\/\/www.bea.gov\/news\/2026\/gdp-advance-estimate-2nd-quarter-2026\" target=\"_blank\" rel=\"noopener\">said<\/a> Thursday, weaker than economists expected and a sign the <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/live-updates\/us-iran-war-trump-saudi-arabia-strait-of-hormuz\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Iran war<\/a><\/span> is hurting growth.<\/p>\n<p>Economists polled by <a href=\"https:\/\/www.reuters.com\/business\/us-goods-trade-deficit-contracts-less-than-expected-june-2026-07-28\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a> 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.\u00a0<\/p>\n<p><em>\u2014 This is a developing story and will be updated<\/em><\/p>\n<section class=\"content__body--footer\">\n<p class=\"content__meta--editors\">\n      Edited by<\/p>\n<p>                                  <a href=\"https:\/\/www.cbsnews.com\/team\/alain-sherter\/\" class=\"byline__author__link\" data-invalid-url-rewritten-http=\"\">Alain  Sherter<\/a>\n                      <\/p>\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<div class=\"component__item-recirc-block\">\n<p><h3 class=\"component__title\">Go deeper with The Free Press<\/h3>\n<\/p><\/div>\n<\/aside>\n<style type=\"text\/css\"><![CDATA[\n      .component--type-recirculation {\n      .item:nth-child(7),\n      .card-recirc:nth-child(7) {\n        display: none;\n      }\n    }\n      #inline-recirc-item--id-29e9bd96-d3cb-41a0-979f-ea746a2b5b6d, #right-rail-recirc-item--id-29e9bd96-d3cb-41a0-979f-ea746a2b5b6d {\n      display: none;\n    }\n\n    #inline-recirc-item--id-29e9bd96-d3cb-41a0-979f-ea746a2b5b6d ~ .item:nth-child(7) {\n      display: block;\n    }\n  ]]><\/style>\n<section class=\"content__body--footer\">\n      <!-- tags --><\/p>\n<section class=\"content__tags\">\n<p class=\"content__tags__label\">In:<\/p>\n<\/section>\n<\/section>\n<\/section>\n<footer class=\"content__footer\">\n<p class=\"content__copyright\">\n      \u00a9 2026 CBS Interactive Inc. All Rights Reserved.\n    <\/p>\n<\/footer>\n<\/div>\n<script async=\"async\" data-cfasync=\"false\" src=\"https:\/\/pl30214220.effectivecpmnetwork.com\/9ab3d4df8a7e1a6171e16ddbf732cc19\/invoke.js\"><\/script>\r\n<div id=\"container-9ab3d4df8a7e1a6171e16ddbf732cc19\"><\/div>\r\n\n","protected":false},"excerpt":{"rendered":"<p>Updated on: July 30, 2026 \/ 8:51 AM EDT \/ CBS News The nation&#8217;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&#8230;<\/p>\n","protected":false},"author":1,"featured_media":22230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/assets2.cbsnewsstatic.com\/hub\/i\/r\/2026\/07\/30\/33cad19b-9160-4273-a9b7-d10302ae3027\/thumbnail\/1200x630\/1221c5560ff7f0418823f2665f8ba548\/gettyimages-2285788987.jpg","fifu_image_alt":"","footnotes":""},"categories":[6],"tags":[],"class_list":["post-22229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pics-news"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/22229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22229"}],"version-history":[{"count":0,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/22229\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/media\/22230"}],"wp:attachment":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}