U.S. financial progress accelerates in 2nd quarter
The Commerce Department says the nation’s gross home product, or GDP, rose at an annual charge of two.8% from April by June. That’s greater than the 1.9% charge economists had anticipated for the second quarter. Jeff Stein, White House economics reporter for The Washington Post, joins CBS News to clarify what the GDP progress says concerning the economic system, and the way the Federal Reserve may learn the info.
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