Real GDP Came In A Bit Short Of Estimates 2Q-21

Real domestic gross national product grew at a 6.5% rate 2Q-21, according to the “Advance” estimate from the federal Bureau of Economic Analysis. The BEA revised 1Q-21 growth to 6.3%. The gain was driven by increases in consumer spending and business investment. Other sectors of the economy such as inventories, housing investment and government spending…