✉news BusinessEconomy first seen 10 h ago, last 46 min ago, peak #1
US economy grew 2.2% this spring, revised estimate shows
Original: US economy grew 2.2% this spring, more than initially estimated
The US economy expanded at a 2.2% annual pace this spring, according to a revised government estimate, a stronger showing than first reported. The upward revision points to steadier growth than initially believed, easing fears of a slowdown. Analysts are weighing what the figure means for consumer spending, hiring, and the Federal Reserve's interest rate path in the months ahead.
Why now: A revised GDP reading is fresh economic news that affects expectations for growth and interest rates.
Rank over time, top of the chart is #1. 8 snapshots from 10 h ago to 46 min ago.
Evidence
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