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 and solid business investment. Michael McKee breaks down the numbers on…

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.