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GDP revised down to 2.1% annual rate in second quarter

By Zach Halaschak
Published August 30, 2023 12:31pm ET
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GDP revised down to 2.1% annual rate in second quarter
Employees work in the battery assembly hall at the BMW Spartanburg plant.

Economic growth increased at a 2.1% annual rate in the second quarter of this year, a slight downward revision from the preliminary estimate.

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Federal Reserve GDP Inflation Recession