Browsing: GDP

Economy

Real gross domestic product decreased 0.9% in the second quarter of 2022, marking the second consecutive quarter of GDP decline, according to an advance estimate released today by the Commerce Department.

Economy

The first estimate for GDP in Q1 2022 came in well under expectation, contracting at an annualized rate of 1.4%. This was largely due to worsening net exports and a decline in private inventories and government spending.

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