US GDP Rises 6.5 Percent In Second Quarter, Passed Pre-Pandemic Level Of Output – Analysis
The profit share of corporate income rose 1.6 percentage points in the first quarter, countering claims of squeezed employers.
The economy grew at a 6.5 percent annual rate in the second quarter. This put GDP 0.8 percent above its last pre-pandemic quarter but still leaves it roughly 2.2 percent below its pre-pandemic...
