Gross domestic product, the broadest measure of economic output, grew by an annualized, seasonally-adjusted rate of 2.4% in the April-through-June period, the Commerce Department reported Thursday.
That was a faster pace than in the first three months of the year and was also above economists’ expectations for a 1.8% rate, according to a survey conducted by Refinitiv. GDP is also adjusted for inflation. This story is developing and will be updated.
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