Economy Grew at a Faster 2.4% Rate in April-June Quarter
Kubota tractors are stored in Uniontown, Pa. (Gene J. Puskar/AP) WASHINGTON — The U.S. economy accelerated unexpectedly to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight against inflation. The July 27 estimate from the Commerce Department ...more