The US economy saw 3% GDP growth in Q2. But it was highly unusual... 1) A massive decline in imports (-35% for goods) lifted GDP 2) Consumption was +1.4% -- a solid, but not spectacular number. 3) Business investment DECLINED in Q2 This is an economy running just above 1% if you strip out the trade noise. Real final sales to private domestic purchasers was 1.2%
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