ZCZC
BCN-23
US-ECONOMY-GROWTH-GDP-INDICATOR
US GDP grew 2% in Q2, revised down slightly: Commerce
WASHINGTON, Aug 29, 2019 (BSS/AFP) – The world’s largest economy grew slightly more slowly in the second quarter than previously thought, the government reported Thursday, with new data showing weaker oil exports and local government spending.
GDP expanded in the April-June period by 2 percent, down a notch from the initial 2.1 percent growth estimate and well below President Donald Trump’s three percent target, according to the Commerce Department.
BSS/AFP/MMA/1855HRS