• 11/25/2024

U.S. Economic Growth Accelerates, Rising at 2.8% Rate

Wall Street Journal

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. Gross domestic product—the value of all goods and services produced in the U.S., adjusted for inflation and seasonality—rose at an annual rate of 2.8% for April through June to $22.9 trillion, the Commerce Department said Thursday.

https://www.wsj.com/articles/u-s-economic-growth-accelerates-rising-at-2-8-rate-4ab647ea