Wednesday, August 30, 2017

US revised second-quarter GDP Jumps to 3.0% vs 2.7% rise expected

August 30,2017
the staff of the Ridgewood blog


Ridgewood NJ, the U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years.
The Economy also showed signs that the momentum was sustained at the start of the third quarter.
Gross domestic product (GDP) increased at a 3.0 percent annual rate in the April-June period, the Commerce Department said.

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