Economists React: Second-Quarter GDP ‘Confirms Expectations for Future Economic Growth’

The U.S. economy rebounded strongly in the second quarter this year, advancing at a 4.0% seasonally adjusted annual rate and raising hopes for sustained growth going forward. Consumer spending and inventory buildup led the gains, and offset a drag from higher imports. Economists called the report …

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Economists React: Second-Quarter GDP ‘Confirms Expectations for Future Economic Growth’