Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: jlallen who wrote (171143)	7/30/2014 10:24:53 AM
From: gronieel2	Read Replies (1) of 224786

Gross domestic product — the value of all goods and services produced by the U.S. — grew at a 4% annual clip in the second quarter, the government said Wednesday. Newly revised figures also show that the economy contracted by a somewhat smaller 2.1% in the first quarter instead of 2.9% as previously reported. Economists polled by MarketWatch predicted GDP would grow by a seasonally adjusted 3.2% in the April-to-June period. U.S. stock futures SPY +0.12% extended gains on the data. The rebound in growth offers further proof that a plunge in first-quarter GDP was an outlier. The economy contracted sharply in the first three months of the year mainly because of an unusually harsh winter and a decline in health-care spending tied to the introduction of Obamacare. marketwatch.com

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