US economy grows faster than expected
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Federal ReserveYahoo Finance
•GDP: US economy grows at 3% annualized pace in second quarter
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
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17
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formal
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English
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42
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Source diversity
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