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The US Economy Grew at an Annual Rate of 6.5% in the Second Quarter

The US Economy Grew at an Annual Rate of 6.5% in the Second Quarter

The US economy in the second quarter expanded at its fastest pace since last fall, growing at a seasonally adjusted, annualized rate of 6.5%. In terms of real gross domestic product the economy has now recovered in that it has grown bigger than its pre-pandemic size.