U.S. Economy Is Growing Faster Than First Reported

U.S. Economy Is Growing Faster Than First Reported - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title U.S. Economy Is Growing Faster Than First Reported, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : U.S. Economy Is Growing Faster Than First Reported
link : U.S. Economy Is Growing Faster Than First Reported

Read too


U.S. Economy Is Growing Faster Than First Reported

US economy grew at a sizzling annual pace of 4.2 percent in the second quarter, faster than initially reported (AFP Photo/Frederic J. BROWN)

AFP: US economy grew 4.2% in second quarter, faster than first reported

Washington (AFP) - The roaring growth of the US economy in the second quarter was even faster than first reported, with new numbers showing a bigger boost in corporate spending, the government reported Wednesday.

The uptick in estimates of second quarter spending by companies was sure to comfort President Donald Trump and supporters of December's sweeping corporate tax cuts who argue that lowering corporations' tax burdens will spur investment and growth.

Gross Domestic Product advanced at an annual rate of 4.2 percent in the April-to-June period, a tenth of a point faster than initial estimates showed last month and -- at nearly twice the first quarter's pace -- the fastest growth in almost four years, according to the Commerce Department.

Analysts had been expecting a slight downward revision.

Read more ....

WNU Editor: I remembered when the critics were pouncing on then candidate Trump's promise that he would deliver 3% growth annually if elected. And while I do know that a lot of Americans are still not enjoying this booming economy, there are many who are, and in the end this type of growth will only benefit everyone.


Thus Article U.S. Economy Is Growing Faster Than First Reported

That's an article U.S. Economy Is Growing Faster Than First Reported This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article U.S. Economy Is Growing Faster Than First Reported with the link address https://todaysand.blogspot.com/2018/08/us-economy-is-growing-faster-than-first.html

Subscribe to receive free email updates:

0 Response to "U.S. Economy Is Growing Faster Than First Reported"

Post a Comment