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GDP

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GDP rises 2.1% in second quarter, boosted by consumer spending 

Jul 26, 2019By

Real GDP increased at an annual rate of 2.1% in the second quarter, compared with a gain of 3.1% in the first quarter, according to the advanced estimate from the Bureau of Economic Analysis. Today’s second-quarter advance estimate is based on incomplete source data that is subject to further revision and will be followed by a second estimate, due to be released in August.