FILE - Kubota tractors are stored in Uniontown, Pa., Friday, June 9, 2023. On Thursday, the Commerce Department issues its first of three estimates of how the U.S. economy performed in the second quarter of 2023.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. economy grew at a faster 2.4% rate in April-June quarter despite Fed rate hikesThe U.S. economy accelerated unexpectedly to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight against inflation.
Source: WashTimes - 🏆 235. / 63 Read more »
U.S. economy grew at a faster 2.4% rate in April-June quarter despite Fed rate hikesThursday’s estimate from the Commerce Department indicated that the gross domestic product picked up from the 2% growth rate in the January-March quarter.
Source: politico - 🏆 381. / 59 Read more »
US economy accelerated unexpectedly to a 2.4% growth rate in April-JuneThe U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve's 16-month-long fight to bring down inflation.
Source: KSLcom - 🏆 549. / 51 Read more »