Trump Gets Surprise Boost on Economy
Summary
Recent economic data shows an unexpected improvement in the U.S. economy. The federal government revised the economic growth rate from April to June to 3.8%, and jobless claims decreased to 218,000 last week.Key Facts
- The government updated the GDP growth rate for April to June to 3.8%.
- The previous GDP growth estimate for that period was 3%.
- Jobless claims in the U.S. fell to 218,000 last week.
- This is the lowest level of jobless claims in two months.
- The number of jobless claims was lower than expected.
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