U.S. economy, GDP grew 3.1 percent in second quarter

[NewsFeeder]

U.S. economy, GDP grew 3.1 percent in second quarter

The U.S. economy grew by 3.1 percent in the second quarter, according to an upwardly revised estimate by the U.S. Department of Commerce. BEA has previously pegged second-quarter GDP growth at 2.6 percent and then 3 percent. “Real gross domestic income (GDI) increased 2.9 percent in the second quarter, compared with an increase of 2.7 percent in the first,” BEA analysts wrote in this morning’s analysis.

http://finance.yahoo.com/r/e4e248df...d-quarter.html?ana=yahoo&yptr=yahoo&.tsrc=rss

 

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Rate hikes a comin

 

[RealMoneyIssues]

U.S. economy, GDP grew 3.1 percent in second quarter

The U.S. economy grew by 3.1 percent in the second quarter, according to an upwardly revised estimate by the U.S. Department of Commerce. BEA has previously pegged second-quarter GDP growth at 2.6 percent and then 3 percent. “Real gross domestic income (GDI) increased 2.9 percent in the second quarter, compared with an increase of 2.7 percent in the first,” BEA analysts wrote in this morning’s analysis.

http://finance.yahoo.com/r/e4e248df...d-quarter.html?ana=yahoo&yptr=yahoo&.tsrc=rss

Thank you President Obama, for this quarter and the next 30 quarters. We all know it's the last President's responsibility.