US GDP Grows Less-Than-Expected 1.5% in Second Quarter

US GDP Grows Less-Than-Expected 1.5% in Second Quarter

The US economy grew at a weaker-than-expected pace in the second quarter as inflation-adjusted gross domestic product increased an annualized 1.5% in the period, despite a pickup in consumer spending and solid business investment. Michael McKee break...

The US economy grew at a weaker-than-expected pace in the second quarter as inflation-adjusted gross domestic product increased an annualized 1.5% in the period, despite a pickup in consumer spending and solid business investment. Michael McKee breaks down the numbers on Bloomberg Television. (Source: Bloomberg)
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Bloomberg — Markets (EN)




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