GDP data shows U.S. economic growth surged from April to June

Investors await key economic data

Investors await new key economic data, interest rate decision 03:36

The U.S. economy surged between April and June after shrinking in the first three months of the year, driven by a large shift in imports tied to President Trump's trade policies.

By the numbers

The country's GDP increased at an annual rate of 3% in the second quarter, the Commerce Department said Wednesday. GDP was forecast to grow at a 2% pace for the April-to-June period, according to economists polled by financial data firm FactSet. 

— This is a developing story and will be updated

• Economy
• Tariffs
• Inflation
• Trump Administration
• Gross Domestic Product