The United States economy rebounded strongly in the second quarter of the year, growing at a seasonally adjusted annual rate of 4 percent. This growth surpassed expectations and was a recovery from the first quarter's shrinkage. The article discusses various factors contributing to the growth, including consumer spending and business investments, while also noting the challenges such as slow wage growth and mixed company earnings. President Obama and other economists provide their perspectives on the economic situation.
documents/EFTA01088951.pdf
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