U.S. economic growth slowed unexpectedly in the second quarter of the year, according to the Commerce Department's advance estimate. Imports increased in the second quarter. A revised estimate of second quarter GDP is scheduled to be released in late August, while the final revision will be published at the end of September. "Looking ahead, we continue to expect moderate consumer spending growth and AI-led business investment to support real GDP growth into 2027. We expect an inventory rebuilding cycle to help drive economic growth back above 2% in the second half of the year."