» » GDP Expands at a Disappointing 1.2%
Top for 24 hours

GDP Expands at a Disappointing 1.2%

U.S. economic growth sputtered this spring—growing a meager 1.2% in the second quarter—with cautious business investment largely offsetting more robust consumer spending. The figure was well below the 2.6% growth economists surveyed by The Wall Street Journal had forecast. The gain marks only a slight acceleration from the first quarter, when GDP advanced at a downwardly revised 0.8% pace.
Related: "GDP Expands at a Disappointing 1.2%" ↓
Last News