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U.S. economy grew by annual rate of 2.4 percent in second quarter
Consumer spending on goods and services as well as government spending fueled broader economic growth from April through June.
The U.S. economy expanded by an annual rate of 2.4 percent between April and June, powered by brisk consumer and government spending, marking an acceleration of growth from the first three months of the year.
The new gross domestic product figures, released Thursday by the Bureau of Economic Analysis, showed the economy expanded for the fourth straight quarter in a row, casting doubt on predictions of a recession this year.
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With each continued quarter of growth the re-election of Brandon becomes ever more, and more likely.
We are five more quarters away from the November 2024 elections.
Joe Biden could be the first President since Reagan to top 60% of the popular vote and win over 400 electoral votes.
If, this kind of economic growth continues.