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The first reading for second quarter GDP came in at +2.6%

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The first reading for second quarter GDP came in at +2.6%, just below expectations for +2.7% annualized growth, while Q1's reading was revised down from +1.4% to +1.2%. Once again the U.S. consumer carried the lion's share of the burden as personal consumption rose +2.8%, meeting expectations. Nonresidential fixed investment showed signs of strength while… Click to read more at ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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