US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate
The U.S. economy grew by 2.2% in the second quarter, according to an upgraded report from the Commerce Department. Growth was driven by strong consumer spending and business investment.
WASHINGTON (AP) — The U.S. economy grew at a solid 2.2% pace from April through June as consumer spending and business investment came in strong. Growth in gross domestic product — the nation’s output of a goods and services — decelerated from a 2.5% pace from January through March, the Commerce Department reported Wednesday. The […]
READ NEXT
More on the wire
AI TLDR
The Alki Community Council successfully raised $5,000 in one week to repair the cracking pedestal of the Alki Statue of Liberty.
AI TLDR
A former Northern Arizona University fraternity leader was sentenced to two months in jail and three years of probation for his role in a fatal hazing incident.
AI TLDR
Seattle Mariners chairman John Stanton has expressed embarrassment regarding the team's performance, prompting discussions about potential future changes.