U.S. Economy Grows 2.2% in Q2, Beating 1.5% Forecast
Updated
Updated · Fox Business · Sep 29
U.S. Economy Grows 2.2% in Q2, Beating 1.5% Forecast
3 articles · Updated · Fox Business · Sep 29
Summary
The Commerce Department’s final second-quarter GDP reading showed the U.S. economy expanded at a 2.2% annualized rate from April through June.
That topped the 1.5% growth economists polled by LSEG had expected, making the final estimate stronger than forecast.
The report centers on the Bureau of Economic Analysis’ final Q2 calculation, giving markets a firmer read on U.S. growth before third-quarter data arrive.