The US economy grew at a far weaker than expected pace in the second quarter despite a pickup in consumer spending and solid business investment. The US saw slowing growth in the second quarter, the Commerce Department said Thursday, with fallout from President Donald Trump's Iran war weighing on the world's largest economy.GDP grew a... Key points and original sources are listed below.
- The US economy grew at a far weaker than expected pace in the second quarter despite a pickup in consumer spending and solid business investment. According to the BEA, GDP (inflation adjusted) rose just 1.5% in the period, according to the first estimate issue...S1
- The US saw slowing growth in the second quarter, the Commerce Department said Thursday, with fallout from President Donald Trump's Iran war weighing on the world's largest economy.GDP grew a...S2