Bloomberg Television
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US Economy: 2Q Spending Slumps, GDP Unrevised at 2.1%
Posted
September 28, 2023
Views
6,755
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54
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September 28, 2023
6,755
54
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1:04Now PlayingU.S. personal consumption was revised downward to 0.8% in the second quarter from a previous reading of 1.7% as economic growth rose at an unrevised 2.1 in the three months from April to June. Initial jobless claims increased slightly for the week to 204,000. Bloomberg’s Michael McKee breaks down the numbers.
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