US GDP picks up in second quarter

The Breeze-Courier

US GDP picks up in second quarter

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The American economy, boosted by healthy consumer spending, is believed to have regained some momentum this spring after having begun 2024 at a sluggish pace. The Commerce Department is expected to report Thursday that the gross domestic product — the economy’s total output of goods and services — increased at a solid if unspectacular 1.9% annual rate from April through June, according to a s…