logo
welcome
Yahoo Finance

Yahoo Finance

GDP: US economy grows at 3% annualized pace in second quarter

Yahoo Finance
Summary
Nutrition label

85% Informative

The US economy grew at a 3% annualized growth in the second quarter , a faster pace than Wall Street had expected.

Economists had estimated the reading to show annual growth of 2.9% .

The data comes a week after the Federal Reserve cut interest rates in an effort to preserve an economy in "good shape".

VR Score

92

Informative language

96

Neutral language

17

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links