Even as Joe Biden touts ‘strongest economy in the world’, nearly three in five Americans wrongly believe US is in recession
The pace of US economic growth accelerated in the last quarter, remaining unexpectedly resilient in the face of high interest rates and persistent inflation.
Gross domestic product (GDP) – a broad measure of economic health – rose 2.8% in three months to June, the commerce department reported on Thursday, ahead of expectations and up sharply from 1.4% in the first quarter.
Continue reading…Even as Joe Biden touts ‘strongest economy in the world’, nearly three in five Americans wrongly believe US is in recessionThe pace of US economic growth accelerated in the last quarter, remaining unexpectedly resilient in the face of high interest rates and persistent inflation.Gross domestic product (GDP) – a broad measure of economic health – rose 2.8% in three months to June, the commerce department reported on Thursday, ahead of expectations and up sharply from 1.4% in the first quarter. Continue reading…