Gross domestic product, the broadest measure of economic output, grew by an annualized, seasonally adjusted 2.4% rate in the April-through-June period. 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 Refinitiv. GDP is also adjusted for inflation.
It remains to be seen whether the Fed can successfully defeat inflation without seeing a deterioration in the labor market — but so far, both spending and hiring have abated slightly and gradually. Business spending is dragging on growth Business spending — known as nonresidential fixed investment — rebounded strongly in the second quarter as businesses invested more on equipment and structures.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
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