US Q2 GDP Growth Rate Revised Down from 2.4% to 2.1%

On the 30th (local time), the U.S. Department of Commerce revised the second quarter GDP growth rate of the United States for this year to 2.1%. This is a downward adjustment from the initially announced preliminary figure of 2.4%.

The United States finalizes the growth rate in three stages: preliminary, revised, and final. The figure announced this time is the revised estimate.