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U.S. GDP Jumps More Than Previously Estimated In Q2
(RTTNews) - The Commerce Department released a report on Thursday showing the U.S. economy unexpectedly grew by more than previously estimated in the second quarter.
The report said the surge by gross domestic product in the second quarter was upwardly revised to 3.0 percent from the previously reported 2.8 percent. Economists had expected the pace of GDP growth to be unrevised.
With the upward revision, the pace of GDP growth in the second quarter showed an even faster acceleration compared to the 1.4 percent jump in the first quarter.
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U.S. Jobless Claims Unexpectedly Slip To 227,000
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U.S. Weekly Jobless Claims Unexpectedly Edge Lower
First-time claims for U.S. unemployment benefits unexpectedly edged modestly lower in the week ended July 5th, according to a report released by the Labor Department on Thursday.
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Fed Minutes Reveal Mixed Views About Outlook For Interest Rates
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U.S. Wholesale Inventories Dip In Line With Estimates In May
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American Households' Inflation Expectations Steady; More Optimism On Finances: NY Fed Survey
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