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02:12
United States: U.S. GDP grows 2.8% in second quarter at annualized rate
Washington, United States - July 18, 2024
U.S. GDP grew more than expected in the second quarter of 2024, 2.8% in annual projection, versus 1.4% in the first quarter, according to the Commerce Department's first estimate, released Thursday.
Analysts anticipated stronger growth in the second quarter, albeit of a smaller magnitude (1.9%) for the April-June period, according to the consensus published by briefing.com. The U.S. measures its economy's growth in the quarter with a 12-month projection based on conditions at the time of measurement.
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1. one shot U.S. flag;
2. Various from the Department of Commerce;
3. Various people on the streets of New York City.
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