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US Q2 GDP revised to up 3.0% from 2.8%
Beats expectations (Il Sole 24 Ore Radiocor) - Washington, 29 Aug - Real gross domestic product (GDP) growth in the US rose at an annual rate of 3.0% in the second quarter of 2024, according to the second estimate released by the Bureau of Economic Analysis.
This represents a 0.2 percentage point upward revision from the 'advance' estimate.
Expectations were for GDP to rise by 2.8%.
In the first quarter, real GDP increased 1.4%.
AAA-Sje
(RADIOCOR) 29-08-24 14:40:38 (0366) 5 NNNN