Reported 11 days ago
The US economy registered a stronger-than-expected growth of 3% in the second quarter of 2024, surpassing economists' forecasts of 2.9%. This figure, confirmed by the Bureau of Economic Analysis, remains unchanged from previous estimates. The data indicates robust economic activity, with continued indications of stability in the labor market, despite recent interest rate cuts by the Federal Reserve aimed at sustaining growth.
Source: YAHOO