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U.S. Second-Quarter GDP Growth Reaches 2.2%, Beats Forecast
The annualized rate exceeded the 1.5% expectation and previous reading, offering a stronger-than-expected macro signal for crypto and broader markets.
U.S. real gross domestic product grew at a 2.2% annualized rate in the second quarter, exceeding both the 1.5% expectation and the previous 1.5% reading in a stronger-than-expected signal for crypto and broader markets.
The final figure measures the change in economic output from the first quarter, expressed at an annual rate. It places second-quarter growth 0.7 percentage point above the expected pace and the prior reading.
