The US economy is surging

Thu, 07/27/2023 - 08:37

Tech Insider

Economy

• Real gross domestic product, or real GDP, grew at an annualized rate of 2.4%.
• That advance estimate for the second quarter beat the 1.8% increase expected.
• The estimate is above the 2.0% annualized rate in the first quarter.

The US economy was seeing growth surge in the second quarter of 2023, according to new data out Thursday morning.

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economy, Markets, GDP, gross domestic product, Economic Data, Economic Indicators, Economic Growth, INSIDER graphics

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The US economy is surging