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US economic growth likely rebounded in Q2, but with weak underlying details

Economy And Jobs,GDP,Trade,Tariffs,Economic Data

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So much for that imports-driven mini recession in Q1.

One quarter after liberal economists cried with delight when the US economy contracted as a result of a surge in imports (even as consumption remained solid) and which they said was the definitive confirmation Trump is the antichrist and the US economy is headed for another Great Depression, moments ago the Bureau of Econ Analysis reported that the first estimate of Q2 GDP came in at an unexpectedly brisk 3.0%, a complete reversal of the -0.5% decline in Q1...

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