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US Economy Expands at Revised 3% Rate in Second Quarter
Posted
August 29, 2024
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August 29, 2024
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1:13Now PlayingThe US economy grew at a slightly stronger pace than initially reported in the second quarter, as gross domestic product rose at a 3% annualized rate during the April-June period. Personal spending topped expectations at 2.9%, while initial jobless claims were little changed at 231,000. Michael McKee breaks down the numbers on Bloomberg Television.
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