Section

Revised data shows US GDP doubled over Q1

By Economic Times - 3 months ago
The US economy experienced significant growth, expanding at a 3% annual rate last quarter, driven by strong consumer spending and business investment, according to an upgraded government report. This marked an improvement from the previous 2.8% rate. Inflation has also fallen sharply since 2022, and the Federal Reserve may soon cut interest rates.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.