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Jul 25, 2024 · U.S. economy grew at a 2.8% pace in the second quarter, much faster than expected. Consumer spending helped propel growth, as did contributions from private inventory investment and...
Jul 25, 2024 · The U.S. economy accelerated in the second quarter as consumers increased their spending, businesses invested more in equipment and stocked inventories, and inflation cooled.
Jul 25, 2024 · U.S. economy grew at a 2.8% pace in the second quarter, much more than expected. Real gross domestic product increased at a 2.8% annualized pace in the second quarter, above the 2.1% forecast.
Jul 25, 2024 · The Gross Domestic Product (GDP), a measure of the nation’s economic output, grew at an annualized rate of 2.8% in the second quarter, double the 1.4% rate of the first quarter, the Bureau of...
Jul 25, 2024 · In the second quarter, consumer spending increased a solid 2.3% annualized, above the 1.5% pace early this year but just below the more than 3% clip in the second half of 2023.
Jul 25, 2024 · The US economy grew at a 2.8 per cent annualised rate in the second quarter, in a sign of continued consumer resilience as the Federal Reserve considers cutting interest rates in the...
Jul 25, 2024 · From mid-2022 through 2023, annualized GDP growth had topped 2% for six straight quarters. In last year's final two quarters, GDP expanded by rates of 4.9% and 3.4%. The state of the economy has...