The U.S. economy grew faster in the second quarter of 2024 than first reported, suggesting there was little sign of a slowdown through the first six months of the year. The latest reading of the gross domestic product (GDP) published by the Commerce Department came in at 3%, up from an initial estimate of 2.8%. The change was driven by personal spending, which advanced 2.9% compared with the prior estimate of 2.3%. NBC NEWS
Moderator's Note: Let us not forget to factor in the effect of inflation on the GDP and the stock markets