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News@lemmy.world · 1 year ago

U.S. economy grew at a 2.8% pace in the second quarter, much more than expected

cross-posted to:
politics@lemmy.world

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U.S. economy grew at a 2.8% pace in the second quarter, much more than expected

bobalot@lemmy.world to

News@lemmy.world · 1 year ago

cross-posted to:
politics@lemmy.world

Gross domestic product in the second quarter was expected to show a 2.1% annualized increase.

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1 year ago
Prices will never go down. If they do, we’re in big trouble.

What needs to happen is wage growth out pacing price inflation. Which is a tricky thing to do.

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