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Reading: US economic system grew 3% within the second quarter, in step with expectations
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The Wall Street Publication > Blog > Economy > US economic system grew 3% within the second quarter, in step with expectations
Economy

US economic system grew 3% within the second quarter, in step with expectations

Editorial Board Published September 26, 2024
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US economic system grew 3% within the second quarter, in step with expectations
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NYSE President Lynn Martin discusses whether or not Trump or Harris financial plan is best for markets on Cavuto: Coast to Coast.

The U.S. economic system grew at a 3% annual fee within the second quarter, in step with economists’ expectations, in response to new information from the Commerce Division’s Bureau of Financial Evaluation.

Economists polled by LSEG projected an annual development fee of three% within the second quarter, after the second advance learn got here in at 2.8% in July.

The report additionally revised first-quarter GDP development to 1.6%, up from 1.4% within the prior studying. That comes after the economic system grew 3.4% within the fourth quarter of 2023.

This can be a growing story, please examine again for updates.

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