business
US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
Summary by The Odessa Editorial Desk · Byline on the source page: Associated Press , as published by Odessa American (oaoa.com)
· July 30, 2026
· 1 min read
Photo: Odessa American (oaoa.com) · view original
Story provenance No corrections
Summary created by The Odessa Editorial Desk — automated, rule-governed Byline on source page Associated Press, as published by Odessa American (oaoa.com) Original story Read at the source Source published Jul 30, 2026 Indexed here Jul 30, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway Further information on the US economy's performance is available from the Commerce Department's report, which provides more details on the recent growth and inflation trends.
Economic growth in the US has been reported at a slow pace. Consumer spending showed an increase, which is a significant part of the country's economic activity. Growth in the overall output of goods and services slowed down compared to the previous period.
Business investment also saw a change, with a notable rise in one area but a decrease from the previous rate. Further information on the US economy's performance is available from the Commerce Department's report, which provides more details on the recent growth and inflation trends.
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About this story
As published by Odessa American (oaoa.com) . The Odessa surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Odessa American (oaoa.com) . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 30, 2026 ·
Source: Odessa American (oaoa.com) ·
Reading time: 1 min
Frequently asked about this story
What is this story about? Economic growth in the US has been reported at a slow pace. Consumer spending showed an increase, which is a significant part of the country's economic activity. Growth in the overall output of goods…
When was this published? This article was first published on July 30, 2026 by Odessa American (oaoa.com) and curated for The Odessa readers.
Who reported this story? This story was reported by Associated Press at Odessa American (oaoa.com). To learn more about how The Odessa selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Odessa, or browse our daily briefing and topic hubs .
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