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Jul 25, 2024 · Economic activity in the U.S. was considerably stronger than expected during the second quarter, according to an initial estimate Thursday from the Commerce Department.
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 27, 2023 · Economic growth in the US was stronger than expected in the second quarter of 2023, as activity proved resilient in the face of the Federal Reserve’s campaign of aggressive interest rate...
Jul 25, 2024 · Economic activity in the U.S. was considerably stronger than expected during the second quarter, boosted by a strong consumer, government spending and a sizeable inventory build, according to...
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. Consumption makes up...
Jul 25, 2024 · Consumer spending, the backbone of the U.S. economy, rose at a 2.3 percent annual rate in the second quarter — a solid pace, albeit much slower than in 2021, when businesses were reopening...
Jul 25, 2024 · The latest GDP report showed that a key gauge of consumer demand picked up in the second quarter to an annual rate of 2.9%, matching the rate in the fourth quarter of 2023 for the strongest...
