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https://www.cnbc.com/2022/07/28/gdp-q2-.html
KEY POINTS
Gross domestic product fell 0.9% at an annualized pace for the period, according to the advance estimate.
That follows a 1.6% decline in the first quarter and was worse than the Dow Jones estimate for a gain of 0.3%.
The decline came from a broad swath of factors, including decreases in inventories, residential and nonresidential investment, and government spending |
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