GDP Rebounds in July

Posted by Drew Zimmerman

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Real GDP grew 0.6% in July in line with expectations, rebounding from a 0.5% decline in June.

Goods production rose 1.2%. Construction, manufacturing, as well as mining and oil and gas extraction all increased, while utilities and the agriculture and forestry sector declined.

 

Drew Zimmerman

Investment & Commodities/Futures Advisor

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