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World

America’s surprisingly disappointing GDP growth

30 July 2021

8:32 AM

30 July 2021

8:32 AM

America’s economy has officially recovered to its pre-pandemic levels, as Q2 GDP figures saw an annualised increase of 6.5 per cent. This is a positive update, on the face of it, but that’s more or less where the good news stops. The country’s GDP figures have come in notably below the consensus of what was expected, which was something closer to 8.5

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