NEW YORK, NEW YORK - JULY 30: People walk along a shopping street in lower Manhattan on July 30, 2026 in New York City. The Commerce Department reported on Thursday that the U.S. economy only expanded at a 1.5% pace from April through June, as inflation from the war with Iran continues to weigh on the economy. Consumer spending, which accounts for 70% of U.S. economic activity, increased at a 3.2% pace. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK - JULY 30: People walk along a shopping street in lower Manhattan on July 30, 2026 in New York City. The Commerce Department reported on Thursday that the U.S. economy only expanded at a 1.5% pace from April through June, as inflation from the war with Iran continues to weigh on the economy. Consumer spending, which accounts for 70% of U.S. economic activity, increased at a 3.2% pace. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK - JULY 30: People walk through a shopping district on July 30, 2026 in the Quensborough of New York City. The Commerce Department reported on Thursday that the U.S. economy only expanded at a 1.5% pace from April through June, as inflation from the war with Iran continues to weigh on the economy. Consumer spending, which accounts for 70% of U.S. economic activity, increased at a 3.2% pace. (Photo by Spencer Platt/Getty Images)

NEW YORK, NEW YORK - JULY 30: People in a restaurant in a shopping district on July 30, 2026 in the Quensborough of New York City. The Commerce Department reported on Thursday that the U.S. economy only expanded at a 1.5% pace from April through June, as inflation from the war with Iran continues to weigh on the economy. Consumer spending, which accounts for 70% of U.S. economic activity, increased at a 3.2% pace. (Photo by Spencer Platt/Getty Images)

International Monetary Fund (IMF) Managing Director Kristalina Georgieva waves as she gets on a car while leaving Uruguay's Presidency building in Montevideo on July 30, 2026, after meeting with Uruguay's Minister of Economy Gabriel Oddone. (Photo by DANTE FERNANDEZ / AFP via Getty Images)

The Governor of the State of Mexico, Delfina Gomez, speaks during the announcement of an investment in the footwear industry as part of a campaign to support Mexican companies, in Mexico City on July 30, 2026. (Photo by Yuri CORTEZ / AFP via Getty Images)

Mexican Secretary of Economy Marcelo Ebrard speaks during the announcement of an investment in the footwear industry as part of a campaign to support Mexican companies in Mexico City on July 30, 2026. (Photo by Yuri CORTEZ / AFP via Getty Images)

Mexican Secretary of Economy Marcelo Ebrard speaks during the announcement of an investment in the footwear industry as part of a campaign to support Mexican companies in Mexico City on July 30, 2026. (Photo by Yuri CORTEZ / AFP via Getty Images)