• SENSEX
    NIFTY 50
Economy

US second-quarter GDP growth raised to 4.2 percent; consumer spending cut

Updated : August 29, 2018 07:08 PM IST

Gross domestic product increased at a 4.2 percent annualized rate, the Commerce Department said on Wednesday in its second estimate of GDP growth for the April-June quarter.
The slight upward revision to growth last quarter reflected more business spending on software than previously estimated and less imports of petroleum.
US second-quarter GDP growth raised to 4.2 percent; consumer spending cut
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV