Event Brief
US economy slows to 1.5% growth as spending rises
Filed: Jul 30, 2026 at 5:07 PM ET
Summary: The Commerce Department said the US economy grew at a 1.5% annual rate in spring while consumer spending increased.
WHO: U.S. Commerce Department
WHAT: Reported US economic growth of 1.5% in spring and noted stronger consumer spending.
WHEN: Jul 30, 2026 at 10:47 AM ET
WHERE: USA
WHY: Consumer spending picked up even as overall growth slowed.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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