✉news BusinessEconomy first seen 19 h ago, last 17 h ago, peak #26
US economy grew at stronger 2.2% pace in second quarter
Original: U.S. economy grew at stronger 2.2% pace in second quarter
The U.S. economy expanded at a 2.2% annual pace in the second quarter, a stronger showing than earlier estimated. The revised growth figure suggests consumer and business activity held up better than expected, easing some fears of a slowdown. Analysts are weighing what the stronger data means for the Federal Reserve's interest rate decisions and the outlook for the rest of the year.
Why now: A stronger-than-expected growth revision affects expectations for interest rates and the health of the U.S. economy.
United StatesFederal ReserveUS economy
Rank over time, top of the chart is #1. 2 snapshots from 19 h ago to 17 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/527118