US: Real GDP Expanded Solidly in Q2, Beating Expectations 

<p>Real GDP expanded by a solid 2.4% quarter-over-quarter (q/q, annualized) in the second quarter of 2023. The reading came in notably above the consensus forecast, which called for a modest gain of 1.8% q/q. Consumer spending grew by 1.6% – decelerating from 4.2% recorded in Q1. Spending on services (+2.1%) accounted for most of the […]</p>
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