✉news BusinessEconomy first seen 11 h ago, last 31 min ago, peak #1
US economy grew 2.2% in second quarter, revised estimate shows
Original: US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate
The US Commerce Department revised its estimate of second-quarter economic growth upward to 2.2%, an upgrade from the previously reported figure. The revised numbers point to an economy that continued expanding at a solid pace despite high interest rates, and major news outlets including AP, ABC News and others are carrying the report widely.
Why now: Fresh official GDP revision data offers the latest signal on the strength of the US economy amid ongoing debates about interest rates and inflation.
United StatesCommerce DepartmentUS economy
Evidence
- US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate · AP News
- US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate · mysanantonio.com
- US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate · ABC News - Breaking News, Latest News and Videos
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