What you need to know
- US economic growth slowed in the second quarter amid a widening in the trade deficit, but an acceleration in consumer spending and robust business investment in equipment related to the buildout of artificial intelligence infrastructure poi
- US economic growth slows in second quarter but domestic demand robust
- 1 approved source domain currently supports this coverage record.
US economic growth slowed in the second quarter amid a widening in the trade deficit, but an acceleration in consumer spending and robust business investment in equipment related to the buildout of artificial intelligence infrastructure pointed to underlying strength. Gross domestic product increased at a 1.5 per cent annualised rate last quarter, the Commerce Department’s Bureau of Economic Analysis said in its adv
This living report uses 1 approved source domain and separates confirmed information from details that may still change.
What happened
US economic growth slowed in the second quarter amid a widening in the trade deficit, but an acceleration in consumer spending and robust business investment in equipment related to the buildout of artificial intelligence infrastructure pointed to underlying s
US economic growth slows in second quarter but domestic demand robust
What is confirmed
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The event currently relies on one source domain. The article should keep developing details clearly attributed until independent confirmation is available.
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Background and context
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Story timeline
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US economic growth slows in second quarter but domestic demand robust
US economic growth slowed in the second quarter amid a widening in the trade deficit, but an acceleration in consumer spending and robust business investment in equipment related to the buildout of artificial intelligence infrastructure pointed to underlying strength. Gross domestic product increased at a 1.5 per cent annualised rate las
What happens next
- Official statements and primary documents
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- Humanitarian, diplomatic or policy consequences
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Sources and supporting records
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South China Morning Postscmp.com · supporting report