US GDP grew 6.5 percent in second quarter, falling short of expectations
NY Post
US GDP surged 6.5 percent in the second quarter of the year, falling short of expectations as business reopenings and government aid fueled the recovery, but inflation and shortages held growth back.
America’s gross domestic product — the value of all goods and services produced here — grew by 6.5 percent from April to June compared with the same period a year ago, the feds said Thursday. Economists polled by Dow Jones and The Wall Street Journal expected an annualized growth rate of 8.4 percent.More Related News