Friday, September 30, 2016

The U.S. economy grew more than expected in the second quarter – Jornal de Negócios – Portugal

The U.s. economy grew more than expected in the second quarter of the year. According to the data released this Thursday, September 29, by the Department of the north american Trade, the GDP rose by 1.4% compared to the same period last year, which compares with the previous estimate of 1.1%.

the evolution of The world’s largest economy was more positive than was expected by economists surveyed by Bloomberg, who anticipated a growth of 1.3%. In the first quarter, the GDP rose by 0.8%.

This review is justified with a lower down expenses of the companies in infrastructure and equipment, a smaller downs of inventories, and performance is more positive in exports.

investment in structures non-residential – including offices and factories – fell to 2.1%, when the previous estimate pointed to a reduction of 8.4%.

the final sales to private consumers grew 3.2%, above the 3% initially advanced.

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