U.S. second-quarter GDP increases

Source: Reuters

U.S. economic growth gained in momentum in the second quarter of the year after the fall in the beginning of the year and is expected to rise through the rest of the fiscal year. GDP increased at 3% annual rate, according to the Reuters survey, caused by both consumer expenditure and stock retaining by businesses. The growth for the year as a whole is projected to average little below 2%.

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