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Economists: GDP data show economy “in good shape”, labor market “crucial” for the rest of 2024


Economists: GDP data show economy “in good shape”, labor market “crucial” for the rest of 2024

According to one economist, Thursday’s revised gross domestic product figure was a clear sign that the U.S. economy is doing quite well. “The GDP revisions show that the US economy was in good shape in mid-2024,” Bill Adams, Chief Economist for Comerica Banksaid on Thursday. “Solid growth in consumer spending drove the economy forward in […]