U.S. GDP growth in Q2 revised up to annual rate of 3.0 pct


  • World
  • Friday, 30 Aug 2024

WASHINGTON, Aug. 29 (Xinhua) -- U.S. gross domestic product (GDP) growth rate rose at an annual rate of 3.0 percent in the second quarter of this year, the Department of Commerce reported in its second estimate released on Thursday.

In the advance estimate released in late July, the increase in real GDP was 2.8 percent. The update primarily reflected an upward revision to consumer spending, according to the department's Bureau of Economic Analysis.

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