30 min agoEconomy Grew By 1.5% in Second QuarterBySecond-quarter U.S. economic growth dramatically missed estimates.Inflation-adjusted gross domestic product grew at an annual rate of 1.5% over the three months that ended in June, according to the first estimate released Thursday by the Bureau of Economic Analysis.That's notably less than the consensus call among economists surveyed by FactSet for growth of 2.1% in the second quarter, in line with the first quarter’s performance.
Economy Grew By 1.5% in Second Quarter
Second-quarter U.S. economic growth dramatically missed estimates. Inflation-adjusted gross domestic product grew at an annual rate of 1.5% over the three months that ended in June, according to the first estimate released Thursday by the Bureau of Economic Analysis. That's notably less than the c
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