Second-quarter U.S. growth of 2.6% underscores resilience

SECOND QUARTER GDP rose 2.6 percent in the second quarter of 2017./ BLOOMBERG FILE PHOTO MICHAEL NAGLE
SECOND QUARTER GDP rose 2.6 percent in the second quarter of 2017./ BLOOMBERG FILE PHOTO MICHAEL NAGLE
NEW YORK - Pickups in consumer and business-equipment spending powered a United States economic rebound in the second quarter, signaling the eight-year expansion is on track to be sustained, U.S. Commerce Department figures showed Friday in Washington. Highlights of Second-Quarter GDP (First Estimate) Gross domestic product rose at a 2.6 percent annualized rate from prior quarter…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -