The U.S. economy grew at a 3.3% annualized pace in the second quarter, the Commerce Department’s Bureau of Economic Analysis reported in its second estimate. The reading surpasses the initially reported 3.0% and the 3.1% consensus forecast, delivering the strongest quarterly performance since the third quarter of 2023 and following a first-quarter contraction. The revision reflects a sharper rebound in non-residential fixed investment and a substantial contribution from net exports. Consumer spending was raised to a 1.6% gain from 1.4%, while stronger corporate outlays on equipment and intellectual property helped lift overall growth. Price pressures remained subdued. The GDP price index held at 2.0%, and the core personal consumption expenditures price gauge, the Federal Reserve’s preferred measure, was steady at 2.5%. Treasury yields edged higher and the dollar slipped after the release as investors assessed whether the data alter expectations for a potential Fed rate cut next month.