The US economy experienced sluggish growth from April through June, at a pace of 1.5%. This growth rate is a decrease from the 2.1% pace seen from January through March. Despite the slow overall growth, consumer spending remained strong, increasing at a 3.4% annual rate. This is a significant improvement from the 0.5% rate in the previous period.

The slow growth is attributed to a rise in imports, which are subtracted from growth calculations. Imports increased at a 12.5% annual pace during this time. Further details on the US economy's performance are available from the Commerce Department's report.

The report confirms that consumer spending accounts for about 70% of US economic activity, making it a crucial factor in the nation's economic health.