The Daily — Gross domestic product, income and expenditure, second quarter 2025
www150.statcan.gc.ca
Real gross domestic product declined 0.4% in the second quarter of 2025, following a 0.5% gain in the first quarter. The contraction in the second quarter was driven by significant declines in the export of goods, as well as decreased business investment in machinery and equipment.

cross-posted from: https://lemmy.ca/post/50659384

Some media outlets are also reporting this as a 1.6% annualized decrease in real GDP (which is the quarterly rate multiplied by 4).