Second-quarter U.S. GDP left at 2%, downshifting economy unlikely to rev up soon
September 26, 2019 at 08:39 AM EDT
The U.S. economy grew more slowly in the second quarter, updated figures show, reflecting a downshifting in growth that’s expected to persist through the end of the year largely because of the festering trade fight with China. GDP expanded at a 2% annual pace, unchanged from the prior estimate.