Top stories · Organization

Commerce Department. That's

Organization1 mention1 topic

Connected in the knowledge graph
Latest coverage · 1 topic
● Importanteconomy6 outlets

The economy slowed a bit -- but Americans continued to spend

The U.S. economy grew at an annual rate of 1.5% in the spring (second quarter). This is slower than the 2.1% growth in the first quarter. Despite the slowdown, Americans spent more money, boosting consumer spending. Inflation stayed above the Federal Reserve's 2% target. The Fed kept interest rates unchanged, though some officials wanted a raise.

Jul 30, 15:52upd. 1h
7.8Significance
6 sources8.0Source trust
Where Commerce Department. That's shows up