Final Q2 GDP Estimate At 4.2%, Strongest In 4 years

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Posted by ZeroHedge

on Thursday, 27 September 2018 08:44

schiff bubble

After bursting higher in second quarter, when according to the first estimate of Q2 GDP, the US economy grew at an annualized 4.1% rate, a number which rose to 4.2% in the second estimate in August, moments ago the BEA reported that according to its final estimate of second quarter GDP, US growth remained unchanged at a 4.2% annualized rate, or technically 4.15% - in line with consensus and still the highest since the summer of 2016 - at a time when the Trump's $1.5 trillion fiscal stimulus was boosting the US economy.... CLICK for complete article

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