Ermina Diannne

2nd Quarter 2024 Gdp Usa. Economists had expected a reading of 2.1%. The personal consumption expenditures price index, a key measure for the fed, rose.

The us economy grew at a 2.8 per cent annualised rate in the second quarter, in a sign of continued consumer resilience as the federal reserve considers cutting interest rates. The gross domestic product (gdp), a measure of the nation’s economic output, grew at an annualized rate of 2.8% in the second quarter, double the 1.4% rate of the first quarter, the bureau of.