US Economy Surges to 3.8% Growth in Q2, Outpacing Expectations
TL;DR Summary
The US economy's second quarter GDP growth was revised upward to 3.8%, driven by increased consumer spending, indicating resilience and continued momentum into the third quarter, with no immediate recession risk suggested by experts.
- The US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported CNN
- US Economy Grows at Fastest Pace in Nearly Two Years on Consumer Spending Bloomberg.com
- This is the market's biggest blind spot right now Business Insider
- U.S. GDP Grew Stronger Than Estimated in Second Quarter The Wall Street Journal
- US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth The Hill
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