Interest rates are headed down, but the question may be whether that is enough to offset weakness in the labor market.
The report, the second of three estimates for GDP, shows that the economy bounced back after a contraction in the first quarter.
The U.S. economy as measured by the Gross Domestic Product grew at an annual rate of 3.3% in the second quarter, rather than the 3% annual growth initially estimated last month.
GOVERNMENT has revised the economic growth rate upwards by 0,6 percentage points to 6,6% for the year 2025, owing to better ...
Spain's National Statistics Institute (INE) on Friday revised the country's 2024 gross domestic product growth rate upward to ...