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Economy grows at modest pace, supported by consumer spending

Commerce Department left its second-quarter growth estimate unchanged at 1.5%
Consumer spending helped support U.S. economic growth in the second quarter. (Getty Images)
Consumer spending helped support U.S. economic growth in the second quarter. (Getty Images)
CoStar News
August 26, 2026 | 8:07 P.M.

The economy grew at an annualized rate of 1.5% in the second quarter of this year, unchanged from the Commerce Department’s initial estimate released last month.

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