The U.S. financial system surged between April and June after shrinking within the first three months of the yr, pushed by a big shift in imports tied to President Trump’s commerce insurance policies.
By the numbers
The nation’s GDP elevated at an annual charge of three% within the second quarter, the Commerce Division mentioned Wednesday. GDP was forecast to develop at a 2% tempo for the April-to-June interval, in line with economists polled by monetary knowledge agency FactSet.
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