U.S. economy grew at a 2.8% pace in the second quarter, more than expected
- The U.S. Economy grew at a 2.8% annualized rate in the second quarter, according to the Commerce Department's report.
- Consumer demand increased to an annual rate of 2.9% in the second quarter, the strongest pace in two years.
- President Joe Biden stated that the latest GDP report indicates that "we now have the strongest economy in the world.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left32Leaning Right18Center46Last UpdatedBias Distribution48% Center
