BUSINESSFINANCIAL TIMES WORLD
US economy grew less than expected at 1.5% rate in second quarter
The US economy grew at a 1.5% rate in the second quarter, below expectations, as the slowdown is attributed to the ongoing impact of the Middle East war.
Related Signal
Adjacent reporting
- US economic growth slows in second quarter but domestic demand robust
- U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
- The US economy grew at an unexpectedly sluggish 1.5% pace from April through June
- Economy is poised to show strong second-quarter growth — but only after a look under the hood
- US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimate
- GDP grew so-so 1.5% in the second quarter, but don’t be fooled. The economy was much stronger than it looked.