US GDP Grows Less-Than-Expected 1.5% in Second Quarter
The US economy grew at a weaker-than-expected pace in the second quarter as inflation-adjusted gross domestic product increased an annualized 1.5% in the period, despite a pickup in consumer spending...
By Bloomberg Markets · Bloomberg Markets
The US economy grew at a weaker-than-expected pace in the second quarter as inflation-adjusted gross domestic product increased an annualized 1.5% in the period, despite a pickup in consumer spending and solid business investment. Michael McKee breaks down the numbers on Bloomberg Television. (Source: Bloomberg)