U.S. economy grew 2.8% in second quarter, a robust unexpected strengthening. Consumer spending, business investments and new inventory drove almost all of the second quarter’s growth.🇺🇸
https://www.washingtonpost.com/business/2024/07/25/gdp-q2-economy/
Wow. Just looked at the numbers. Thanks! So thats gross and then looked at gdp and debt for first half. Add current interest rate on that debt and thats actually just 6bn usd "growth". So they publish junk and the reality is 0.0002% growth. Assuming thats not inflation adjusted, americans are really losing purchasing power and economy effectively contracting. Lets hope someone can turn this trainwreck around!
