Second quarter GDP locks in at 3 percent growth
By The Hill | Created at 2024-09-26 13:51:28 | Updated at 2024-09-30 15:37:00
4 days ago
U.S. gross domestic product (GDP) grew at an annualized rate of 3 percent in the second quarter, showing an impressive performance for the economy through an elevated interest rate environment set by the Federal Reserve. Three percent growth in the Commerce Department’s third estimate of GDP performance confirmed the second estimate, which also came in…
