In the second quarter of 2019, the US GDP rose by 2.1 percent per year-on-year, according to the first assessment from the Commerce Department, where economists expected an average rate of only 1.8 percent.
Also, in the second quarter, the PCE price index grew by 2.3 points relative to a 0.4 percent increase in the first quarter. This level fell from + 1.1% to + 1.8% from one half to the next, excluding food and energy.
Rowan Sinclair born and raised in NYC. She has written for Billboard, The Prague Post, and Passport Magazine. In regards to academics, Rowan earned his BBA from NYU. Rowan covers business and economy stories here at The Ticker Times.
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