second quarter GDP : Franchise Herald

second quarter GDP

second quarter GDP

U.S. GDP Increased by 3.9% During Second Quarter due to Consumer Spending, Construction, Backs Case for Raising Interest Rates this Year

The Bureau of Economic Analysis announced in a press release that the U.S.’s real domestic gross product (GDP), the value of the goods and services produced by the nation’s economy less the value of the goods and services used up in production, adjusted for price changes, have increased by 3.9 percent in the second quarter.

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