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U.S. GDP Grew at 4.2% in Q2

Discussion in 'News & Current Events' started by InTheLight, Aug 29, 2014.

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  1. InTheLight

    InTheLight Well-Known Member
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    Before the numbers came out I predicted the U.S. GDP would grow at 3.0% or more in Q2.

    Then the numbers came out and the GDP actually grew at 4.0%.

    http://www.baptistboard.com/showpost.php?p=2133400&postcount=1

    Well, now the numbers have been revised upwards to 4.2%.

    WASHINGTON — After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated.

    The upward revision supported expectations that the second half of 2014 will prove far stronger than the first half.

    http://www.startribune.com/business/273013031.html
     
    #1 InTheLight, Aug 29, 2014
  2. carpro

    carpro Well-Known Member
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    Our economy is amazing!

    In spite of all the obstacles Washington places in the way, it continues to bounce back.
     
    #2 carpro, Aug 29, 2014
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